Everybody knows how offer and demand works if left unchecked. That's why it's almost never left unchecked... I mean this is what the whole discussion about gigging is: why should we allow such crappy working conditions?
"simply because the actual value of their work may be lower than the liveable wage."
That is not a job then and the entity assigning such tasks is not a company. A company has a responsibility to offer its workers certain benefits in return for having access to the legal and social frames that are allowing it to operate.
I am in agreeance that if they can't sustain their business without VC or underpaid workers then it isn't a viable business model and the market should let them go bankrupt. I kind of hope they do so that a more reasonable business can fill the void.
"simply because the actual value of their work may be lower than the liveable wage."
That is not a job then and the entity assigning such tasks is not a company. A company has a responsibility to offer its workers certain benefits in return for having access to the legal and social frames that are allowing it to operate.