More prison labor coming to a town near you . “Would you like fries with that shake?” |
Everyone who shops at Walmart, Temu, Amazon, eats fast-casual, etc. is part of the problem. Interesting choice: pay higher wages but increase unemployment and cost of goods? Or pay lower wages with lower unemployment and cheaper goods? Florida will be an interesting bellwether for this: min wage was raised to $15 via referendum. |
If your business model depends on you exploiting your workers then its a bad model and you deserve to go out of business. Also, many consumers are price conscious because we barely pay them enough to make ends meet. Pay them more and in turn they will more readily pay more for goods and services. For decades we have artificially been keeping wages stagnant for decades, despite worker productivity and profitability steadily increasing. We have a corporate greed problem. |
Gee we were told raising the minimum wage was communist. |
It’s only communism when Dems do it. |
Can we release the Epstein files first? Asking for the country. |
It’s literally impossible to have a viable business model in most sectors today that does NOT rely on exploitation of workers. Free trade + national/international markets + industrial agriculture + consumer price sensitivity = no survival for businesses that pay more in wages. Does “corporate greed” play a part? Sure, but it’s far from the primary issue. |
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This! I’ve been saying for years we need to tax companies who disproportionately have underemployed employees who use state and federal benefits. Also, to the simp who said businesses will be undercut if they lower prices…industries can and have been filing antidumping suits against foreign companies. |
| Apologies for my atrocious grammar. ^^ |
How do you explain the widening income gap? If not to corporate greed? —DP |
Yes! And it should be calculated by percent of employees within specific pay-bands per location. Just to keep them honest. |
The problem is that there is no way to disincentivize that is not cruel. Stop issuing monetary benefits for kids, feed the kids only, remove the kids from families - all of these are going to cause a shipstorm. |
When there are many kids your snap/grocery budget can be around $1k per month. Enough to fully feed even a large family using economies of scale |
Cheap labor supply from China and elsewhere replacing blue collar jobs. Automation replacing lower end white collar jobs. Plus massive wealth accumulation via real estate and investments for higher earners while lower earners can’t enter these markets. Meanwhile, national and international consolidation creating massive entities with bloated corporate pay. Result—destruction of the middle, leaving very high-paying and very low-paying jobs. |