Supply and demand and their impact on price are perhaps the closest thing to natural law in economics (barring some niche edge cases)
It would be akin to saying its unfair humans can’t fly due to gravity
It would be akin to saying its unfair humans can’t fly due to gravity
If by "supply and demand" you mean all supplies have positive and reasonably sized elasticity, and all demands have negative and reasonably sized elasticity, through all reasonable price ranges...
Some niche cases include any kind of labor, anything that comes out of a factory with economies of scale, and anything that involves land or extraction of natural resources.
I'm not saying any of those specific examples would be better than the current, but they're definitely options that exist and they're just words on a page passed by parliament, just like the current system is.
Hell, some of those things already exist in the public sector [0]. My base salary is calculated based on my job title and level of education, automatically adjusted with cost-of-living inflation, with modifiers for years of experience, job performance, being on-call, mentoring, working non-standard hours or weekends, dangerous conditions...
[0] I'm only familiar with some EU countries, not sure how this is done in the US or wherever else
There was a massive famine I didn't know about in the mid-to-late 1990s in NK, and millions died. During this period, an underground capitalism took over, where people were producing food in various ways, often grown in their own gardens, and then buying and selling from each other, with barter rates / prices determined by availability.
While I agree with you that countries can make rules that fix prices (or do whatever they want), there is an underlying set of mechanisms to supply and demand that are not derived from law, but logic. If I have 5 cupcakes, and there are 100 people that want them, unless someone points a gun at me and says "Sell them each for 5 cents" (while the 100 people all fight over who gets to pay), the natural incentive structure would essentially be an auction to figure out who is willing to pay the most, and then sell it to them. That's not some legal theory or set of laws, but rather the human condition.
Of course, it doesn't play out this way in reality. In reality, it all comes down to power, and those with power take whatever they want, but my point here is that supply and demand exist outside of a legal structure, and if there's only one electrician, and there's enough work for 10 electricians, that one electrician can server the richest 1/10 of those in need (and charge accordingly to select that 1/10), and it is rational to do so independent of any laws made. So much so, in fact, that laws are advisory, but the fundamental incentives are inherent.
This is why I like incentives more than rules: they're less brittle.
I'm not saying I have the magic formula for how to codify such crimes and what punishment would be appropriate, but it took us hundreds of years to figure out how to effectively deal with even very basic crimes (and some countries still struggle with those).
Why does a kid in kindergarten that hoards all the crayons for himself get told off, but buying all the masks during a pandemic to sell at an insane profit was considered valid economic activity? We have arbitrarily decided that various tiers of "being an asshole" are somewhere between ssocially unacceptable and criminal, but if you're making money, being an asshole is fine. We can change that.
As far as I am concerned unskilled labour always has a lower value than skilled labour due to supply and demand.
Layering on laws and regulations does not change that.
But yeah, if "as far as you're concerned", what defines value is only the price under an unconstrained suppy-demand system, then this discussion won't go anywhere.