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> People are under no obligation to accept a job with low wages.

This is the wrong premise you are basing your entire conviction on.

When you don't have an alternative to working then it is not a jobmarket as you are not in a position do not transact.

This is the same reason why the housingmarket is not a market the second people do not have alternatives to buy into overpriced rents.

A free market requires that participants can decide not to transact. A pro-market government makes sure that this is is the case to a reasonable extend.



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