The subject does have a lot of complexity that doesn't fit in a comment box. My point stands in general, but it gets complex.
Re:The End of Retirement (2014)
by dredmorbius on Thursday May 20, 2021 @11:10AM
(#27222151)
Among the reasons I threw the book at you.
Read Smith.
Book I, Chapter 8, beginning "There are certain circumstances, however, which sometimes give the labourers an advantage" and through to "The scanty maintenance of the labouring poor, on the other hand, is the natural symptom that things are at a stand, and their starving condition that they are going fast backwards."
https://en.wikisource.org/wiki/The_Wealth_of_Nations/Book_I/...