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Re:Make elites compete: Why the 1% earn so much and what to ... by bobwaycott on Saturday March 26, 2016 @07:34PM (#11368008)
Because there is imperfect information available. Because people take poor deals out of necessity. Because the guy paying $20 isn't hiring right now, but the guy paying $10 is. It's really not hard to think of some potentially realistic and viable reasons here.

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