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> or hurt poor people (aka your customers) by raising prices. This is bullshit. Walmart profits are such that they could pay higher wages without changing pri
by jmcqk6 8y ago
> or hurt poor people (aka your customers) by raising prices.
This is bullshit. Walmart profits are such that they could pay higher wages without changing prices. Sure, i'll accept you'll piss of investors by paying higher wages. If your only judgement of whether something is good or not is how much money it makes for investors, then that's the thing to optimize for. If your goal is to have functioning communities, perhaps that would lead to a different analysis.
Not to mention that the reason walmart is able to get away with paying lower wages is because of those subsidies. If their workers can't eat, they would be forced to do something else. Don't ignore that relationship