The capitalist vultures are wheeling low, but they’re finding slim pickings to choose from these days.

“No one wants to work!” The bosses whine about a worker shortage—though it’s one they brought about.

Eighteenth-century British economist Adam Smith noted how common it is to hear complaints about workers coming together to fight for their interests, and how rare it is to hear about all the scheming the bosses do to plunder workers’ labor.

“Masters are always and everywhere in a sort of tacit, but constant and uniform combination, not to raise the wages of labor above their actual rate,” Smith wrote in The Wealth of Nations.

That scheming is the background to the current labor shortage.

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