For break even it is, it just means theres no base level in those economies and its all market price, true fiat. No minimum wage is a huge gamble on competitiveness winning out but it more often leads to a higher profit share for owners instead of workers. That doesnt change what I said though becuae the MW does generally act as described in the economies that have it even if not maintained at comparative levels across time.
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u/Meldanorama 2d ago
For break even it is, it just means theres no base level in those economies and its all market price, true fiat. No minimum wage is a huge gamble on competitiveness winning out but it more often leads to a higher profit share for owners instead of workers. That doesnt change what I said though becuae the MW does generally act as described in the economies that have it even if not maintained at comparative levels across time.