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The only way you can determine a "Living Wage" is by the Government:1. Setting the wage2. Setting the price of goods3. Controlling what the individual consumer can buy.This is a Command Economy.Command Economies have been tried.Command Economies have all failed.
The only way you can determine a "Living Wage" is by the Government:
1. Setting the wage
2. Setting the price of goods
3. Controlling what the individual consumer can buy.
This is a Command Economy.
Command Economies have been tried.
Command Economies have all failed.
