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An excellent article. The criticism of the apparent paradox of the "iron law of wages" is a good one, but I can think of more criticisms of Marxism as well. However, the "iron law of wages" is not simply true, or as this article states, false. It is instead true on the condition that labor supply is extremely high. This is the case if you have too many people available, or if people who have some of their living expenses subsidized by their parents (ie. teenagers) are in the labor market as well.
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