What does capitalism's competition do for unskilled labor?
I know the argument that in a free market, if another company pays more, they will typically get the more skilled workers, however, what about for unskilled labor. Wouldn't it be possible to completely exploit the people in those jobs because almost 100% of people can get that job and there really is no incentive for skilled people. So what would the capitalist say?
Asked By: Knalb - 12/10/2011
Best Answer - Chosen by Asker
The capitalist would say... More
Answered By: opetke - 12/10/2011
Additional Answers (1)
The capitalist would say that the free market is the best under all circumstances... More
Answered By: simplicitus - 12/10/2011
Over 483 Local Jobs Now Hiring In Your Area. $18-$87/Hr - Apply Today!
$21/hr Start, Avg Pay $72K/yr Check Our Map of the 1700 Openings.
Jobs hiring near your local area. Part-time, Full-time, Work at home.
Free for Job Listers and Job Seekers!
Other Career Questions
Do most mechanical engineering jobs offer job security?
What is your current job? Why did you choose this job? What do you enjoy about your job? What do you dislike about your job? What would be your perfect job? Would you rather have this j...
Where are the jobs? Is productivity and globalization creating a permanent “recession” of jobs? My main issue is I am doing a paper for school and have no idea where to begin. I was hoping suggestions...
Content is not owned or controlled by Monster. Any content concerns should be addressed with Yahoo!
Yahoo! Does not evaluate or guarantee the accuracy of any Yahoo! Answers content. Yahoo! Disclaimer.
Best-Paying Work-from-Home Jobs
It’s easier than ever to work from home. Of course, not every job is a mobile job, and some companies aren’t interested in having their employees work from home.
2013 Marketing Jobs Outlook
The US may be facing another year of anemic hiring overall, but that won't be the case in the high-orbit world of multichannel, digital media marketing.
2013 Engineering Jobs Outlook
Engineers will find job opportunities in select disciplines in 2013, with candidates who are all-around, client-oriented businesspeople in demand.
Best-Paying Jobs by Major
What could you earn with a particular four-year degree? Find out by checking out this list of the top-paying jobs for 20 of the most common majors.
Eight High-Paying, Secure Jobs
Want to earn a good salary and enjoy a measure of job security as well? Check out these well-paying jobs on tap for fast growth in the coming years.