Spoiler
Also not necessarily true - Karl Marx "Value, Price and Profit" Chapter two "Production, Wages, Profits"

Microblog post: “if you raise minimum wage, the price of everything goes up”  so you agree? capitalism allows no social mobility for the working class?
you are viewing a single comment's thread
view the rest of the comments
[–] 4 points 5 months ago (2 children)

Are you saying people would just keep buying more and more bananas as wages go up, driving an unprecedented banana price explosion? I wonder what people will do with all their bananas that they're gonna be buying? Cause that's how stupid that argument is.

  • source
  • parent
  • hideshow 2 child comments