If the market determined pay (employees shopped around and companies wanted to pay low), the resulting pay would be, presumably, lower than what people are comfortable with. Why is this? Are there any policies which have resulted in this gap? It seems unnatural to me.
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Why is this?
Because capitalism ulrimately rewards greedy... selfish... heartless cunts
Prior to this utilitarian principles and an overwhelming sense of community ruled human social systems
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this sounds so overly simplistic that i don't even know how to begin to respond
Why? He is not wrong. I have noticed that my income increases the more greedy i feel! I just sit on a chair and increase my greed. Test it out.