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HelixDab2 ,

Look, no one decides that they want to work in the mines because it’s good for society as a whole to have consumer goods made from what they mine. Everyone expects to be paid in some way.

If I’m making jeans as an independent designer–which I tried doing, briefly–and I decide that my time is worth $20/hr, then I’m going to have to charge around $500 for a single pair of jeans after you figure in all the time needed to make a single pair that’s been customized to fit a single, specific person. (Maybe more; I haven’t done the math in a decade or so.) Almost no one is going to want to, or be able to afford to pay that. Am I skimming off the top? No, I’m charging a fair–and actually very low–rate for custom work. But just like when I tried to do that a decade ago, no one can or will pay for that.

Even if we capped profits of investors, and capped salaries of executives, and had most of the profits going to the workers, people would tend to prefer less expensive goods over more expensive goods. That’s how competition in the market works. In a sufficiently competitive environment, without legal constraints, prices have to drop. (Monopolies raise prices by reducing competition; a sufficiently competitive environment assumes that there is no single company dominating the market.)

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