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Re:What harm do minimum wages do? by sudosysgen on Wednesday August 19, 2020 @07:38PM (#24218148)
Well yeah. But the thing is, someone had to make the shovel to begin with. The gains in productivity of the shovel are just unrealized value of the original labour (and materials).
Re:What harm do minimum wages do? by imtringued on Thursday August 20, 2020 @03:06AM (#24220670)
The shovel maker is paid handsomely. He's the equivalent of a tech worker.
Re:What harm do minimum wages do? by sudosysgen on Thursday August 20, 2020 @12:34PM (#24225031)
Sure. And ultimately the gains in productively are due to his labour.