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You're deluding yourself into believing that costs set prices. This is econ 101: prices are made when supply meets demand. Costs only set a floor on supply. In any case where a business has a moat of any kind, only the demand curve matters: prices will be set where price times # of people willing to pay that price is maximized.

Companies are profitable, by definition. If they aren't profitable, they die (eventually). As long as there is a profit, worker pay raises does not need to be completely covered by an increase in price. Where does profit go? Into the hands of the rich.

Thus, workers demanding raises is simply a progressive wealth redistribution, from lining the wallets of fatcats, to rewarding the people who actually created that wealth.



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