How are you relating this to the thread? Maybe you mean it takes time for capital to lower everyone’s income when market competition increases, the actual details of the excess humans matter less and less each year.
Artificial protection and gatekeeping by ordinance are there to protect those who got there first. Then we can blame others: women or immigrants etc, for wage depression. Unions do this less but still favor those who organized first.
If capital gets to hire for less, say that. Maybe the opportunity was an increase in certain pop segments, but they dont make wages go down. The people who pay wages do.
Artificial protection and gatekeeping by ordinance are there to protect those who got there first. Then we can blame others: women or immigrants etc, for wage depression. Unions do this less but still favor those who organized first.
If capital gets to hire for less, say that. Maybe the opportunity was an increase in certain pop segments, but they dont make wages go down. The people who pay wages do.