Comment on What did UAW members at the "Big 3" gain with their strike?

<- View Parent
ABoxOfNeurons@lemmy.one ⁨10⁩ ⁨months⁩ ago

This is based on a misunderstanding of how prices are set. The price is set based on what the market can bear. Costs pretty much only determine if the thing is worth making, given that.

It’s the same reason rent doesn’t go down when property taxes do. I mention this not to tear you down, but because it’s a common argument for bad policy.

source
Sort:hotnewtop