Re:If wages are to rise, workers need more bargaining power
by benmw333 on Wednesday June 06, 2018 @09:54AM
(#17247140)
It's not a zero sum game...
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Re:If wages are to rise, workers need more bargaining power
by dragonwriter on Wednesday June 06, 2018 @10:28AM
(#17247399)
That's true; given the observed fact that:
(1) relative deprivation is a substantial source of disutility, and
(2) additional wealth/income has declining marginal utility.
It's quite easy for a situation where the rich/poor gap grows and everyone gets richer in absolute terms to actually have negative net utility.