You’re kidding yourself if you think any investor would pay more than the absolutely minimum for labor. That’s the issue, regulatory capture impedes labor rights and lets investors and capitalists exploit workers by doing the absolute minimum and nothing more. Any more, and another capitalist can come in and undercut and steal business.
This is why strong labor protections, efficient regulation, and competent governance is an absolute necessity to the growth and wellbeing of citizens beyond “the wealthy”
I up voted you because you aren’t wrong. At least in the sense of sweat shops. May not be good jobs, but they do technically count as jobs.
Not only sweat shops, if there is a little of human rights they can create pretty good working conditions and with competition salary rise up
You’re kidding yourself if you think any investor would pay more than the absolutely minimum for labor. That’s the issue, regulatory capture impedes labor rights and lets investors and capitalists exploit workers by doing the absolute minimum and nothing more. Any more, and another capitalist can come in and undercut and steal business.
This is why strong labor protections, efficient regulation, and competent governance is an absolute necessity to the growth and wellbeing of citizens beyond “the wealthy”