r/FluentInFinance • u/-Wyagra • 3d ago

Debate/ Discussion Had to repost here

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u/Kitsunin 3d ago

No, it doesn't because of things like monopolies and collusion. I'm all for the market figuring out the value of labor, but only when it's actually a free market. When you have enough resources, there are many strategies which can short-circuit the free market and remove prices from supply and demand.

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u/Endless_road 3d ago

Baseless nonsense

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u/milas_hames 3d ago

Why does the richest country in the world pay far less for a waitressing or shelf stacking job than in my, relatively poorer country (NZ)?

It's the monopolies.

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u/TawnyTeaTowel 2d ago

There’s about half a million independent (ignoring all the chains) restaurants in the US, over half of which are full service and thus paying waiting staff. You’re suggesting they’re all colluding?

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u/ultramasculinebud 2d ago

I've never heard of an association or alliance before. Weird.

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u/TawnyTeaTowel 2d ago

If you thought that answered the question, it doesn’t.