This would require a corporation to forego a selfish benefit (not hiring competitively) for the "good" of the whole (lower wages for all corps). We don't expect this to ever worn for e.g. the environment, so why do we expect the incentive for defecting to disappear for wages?
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This might make more sense if you have a very limited number of corporations, but then I'd want to see consistency when it comes to expecting how well corporations are able to coordinate
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I literally threw Sapiens across the room, not because of any positions of Harare’s but because of the weak argumentation, over relying on often-repeated but untrue or unproven premises.
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I think the breadth of the topics the book covers inevitably leaves something to be desired in some of the arguments. The benefit is that it contextualizes so much about us and gives the reader so much to chew on.
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Yep, literally what happened. Corps in free market tend to grow and consolidate. Once they do, they can form "arrangements".
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