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What's the point of a minimum wage when if you pay it, people will claim you are greedy and don't deserve to stay in business? At a minimum, regulation should
by dismantlethesun 10y ago
What's the point of a minimum wage when if you pay it, people will claim you are greedy and don't deserve to stay in business?
At a minimum, regulation should match social expectation such as the minimum wage is enough that it shields businesses from such concerns as "am I paying people enough to survive?"
- st3v3r 10y agoI won't disagree with you on that. Minimum wage should be enough to live on. But paying minimum wage is basically saying, "If I could pay you less, I would." That's about as greedy as it gets regarding employers.
- dismantlethesun 10y agoGreed presupposes having excess and being unwilling to share its due solely for selfish desire. If your business can't pay more simply because the service isn't worth more then that isn't greed. If your business can't pay more, because the money is earmarked for other things, then that isn't greed. Basically, shuffling around monies between third parties isn't greed. It's only greed when the money is kept to yourself when others could use it, and could make a reasonable claim to deserving it (e.g. not being charitable is not greed).