10 ms·
>How would you force employers to pay their employees equitable salaries? * Provide more competition for labor from the public sector by employing more people
by crdoconnor 11y ago
>How would you force employers to pay their employees equitable salaries?
* Provide more competition for labor from the public sector by employing more people in the public sector (i.e. the opposite of austerity).
* Raise the minimum wage significantly.
>What if a job isn't worth that much to an employer?
"isn't worth it" = "can't employ that person and make a profit"
Corporate profits are at all time highs and labor's share of income is at an all time low. Ergo there is a massive amount of slack at the low end.
Every corporation that employs a lot of people will scream until they're blue in the face that they will fire half of their workforce if you raise the minimum wage by so much as a cent, but when it actually goes up, they don't do anything of the sort.
Raising the minimum wage to $20 or $25 / hr would be one of the most direct ways to transfer money from 0.01% to the pockets of the people who do all the actual work in this country. It would not only drag salaries up it would drag the cost of property down.
You just have to deprogram all of the people who erroneously believe that it will cause mass unemployment, massive inflation, or who think that it's somehow unfair to people earning $minimum wage + $x (who would all get a pay raise too).