Re:Poultry Workers in Diapers as Bathroom Breaks Denied, Oxf...
by antisthenes on Wednesday May 11, 2016 @07:42PM
(#11680300)
It's the winner-take-all paradox, which was mentioned in an article here on HN earlier today.
Given only a small incremental competitive advantage, a company is able to capture the overwhelming majority of the market, essentially becoming a monopoly.
Re:Poultry Workers in Diapers as Bathroom Breaks Denied, Oxf...
by brianwawok on Wednesday May 11, 2016 @08:42PM
(#11680531)
Hence the sad world we live in with ever decreasing wages ;(
Another company pays workers $4 an hour and makes them wear diapers. Sells Chickens for $3.75.
Barring an outside force (regulation, feel good marketing campaign, ethics badge), which one gets 100% of the market, and which one gets 0%?
Sometimes, free market sucks.