I’m not sure I believe you. By “non-wage costs and risks” do you mean things like health benefits, or lawsuit liability, or what? I can think of a lot of productive uses for cheap labor.
There’s a bunch of trash and graffiti in my city. There’s lots of unemployed people whose labor cleaning it up would be worth, say, a euro an hour.
I’m not sure I believe you. By “non-wage costs and risks” do you mean things like health benefits, or lawsuit liability, or what? I can think of a lot of productive uses for cheap labor.
There’s a bunch of trash and graffiti in my city. There’s lots of unemployed people whose labor cleaning it up would be worth, say, a euro an hour.