[new:PatrickAnderson:2006-04-24 17:33 UTC]

Hmm... Maybe Wages are a special kind of Expense?

When (or which) other Expenses would Corporations not strive to minimize?

When I say 'minimize' I don't mean "set to zero", but "strive for the lowest within constraints" - though discovering what constrains is not trivial.

Physical laws constrain humans to needs of Water, Food/Drug, Cloth, Shelter, Soap.

Owner profit increases as worker choice to fill needs decreases, because wages may then be lowered until alternate avenues are "worth it" for the worker.

This is why Land and Capital hoarding are standard practice of WhatIsEconomy?.

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