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Because these companies are still finding enough labor after lowering what they pay out drastically. It's the market in action. You're right that as a society w
by sombremesa 7y ago
Because these companies are still finding enough labor after lowering what they pay out drastically. It's the market in action. You're right that as a society we have a duty to step in with policy here, as we do with minimum wage, but this isn't a violation of "first principles".
- deanCommie 7y agoCompanies found plenty of child labour back in the day as well.
- bobsonori 7y agoAs we do not with minimum wage.
- lwhi 7y agoThe market needs to be regulated more stringently.
- PanosJee 7y agoThat's when I thought the economy was doing really great and unemployment was all time low. But wait people want to work for below minimum wage? Something is broken
- mschuster91 7y agoWell that happens when there is no meaningful social security system... when the options are working for a dollar an hour or not having anything to eat, people are forced to work such "jobs".
- ezzzzz 7y agoPeople are being mislead. It appears that DoorDash has preemptively scrubbed anything from their website stating that drivers can make n dollars per hour, but at one point, I remember seeing the claim, somewhere between $15/$25 per hour. I'm not trying to disparage people, but without some level understanding of economics, it's not obvious that whatever rate you receive is not your 'wage'. These gig jobs don't pay wages, they pay something closer to a fee. Maybe it's more like rent. Somebody else can comment on the pedantic differences. Point is, the relationship is skewed in favor of the party doing business, not the party providing the service. So what? This is capitalism, you have the freedom to seek other opportunities elsewhere. Hold up. If this is your business model, you are dependent upon the current wave of de-regulation. What are you going to do if/once the pendulum swings the other direction? What happens if minimum wage ever becomes something reflective of a living wage? These gig jobs posit themselves, subtly, as a 'side-hustle'. Something which shouldn't have to exist, but does, simply due to the lack of well-paying jobs for those without advanced education.
- mschuster91 7y agoIt is a violation of fair market principles, at least in spirit. While legal, the "gig economy" is based on abusing contractor laws and regulations (e.g. lack of employee protections, sick time, ...) - which means that companies that follow the letter and the spirit by properly hiring and paying their workers are priced out of business.