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[quote=Anonymous]I also want to add....I find these labor shortages SO WEIRD for a capitalist market economy.  No workers?  Capitalism says pay them more!!

When I lived in the Soviet Union, shortages were common -- but it was pretty well acknowledged that no one was really working, because no one was really being paid.  If shelves didn't get stocked, meh, people still went home at the end of their shift and no one bothered to hire anyone else because there was 0% unemployment because everyone was employed doing whatever non-work they were not-paid to do.

There are a LOT of downsides to capitalism, but one upside is that we are not supposed to have those problems.  Just pay people more, give them better benefits, and they will work.  Steal labor from other industries or competitors by out-paying them.  At the moment, it's like we have this one-sided capitalism, where companies make profit by charging what the market will bear, but refuse to pay the wages the market demands. Maybe they need to raise prices more -- but I suspect they probably just need to cut profits more (even if that dampens the stock market somewhat -- sorry investors).  [/quote]

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