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Ok, but then amazons prices will be higher. Taken to the extreme amazon might not exist because it can’t deliver the low prices it has so far. Is that what you

by zpeti 6y ago

Ok, but then amazons prices will be higher. Taken to the extreme amazon might not exist because it can’t deliver the low prices it has so far. Is that what you want? If you do, that’s fine, that’s a fair enough perspective, but understand that you are probably making it harder for people with less money. Same goes for Walmart.

harimau777 6y ago
I think that there needs to be a balance. Neither extreme redistribution nor extreme capitalism seem to work well for society as a whole. I also think that we need more progressive taxation and social benefits which would offset some of the price increases.
vertex-four 6y ago
There will always be a company that delivers products according to the minimum regulations required by law - that's how capitalism and competition are meant to work (given a near-unlimited labour supply).
- zpeti 6y ago
  Correct. But in this Imaginary scenario it will Certainly be more expensive than current amazon. Is that more acceptable, to say the poorest in society, than bad worker conditions?
  - vertex-four 6y ago
    The poorest in society, at least in a functioning capitalist society, are those either employed according to the minimum regulations or those receiving state benefits. By raising both of these, we raise the purchasing power of the poorest in society, hopefully in a way that is commensurate with the increased costs. We are able to provide both good working conditions and a living wage to all people. We can afford it.
deleted 6y ago
[deleted]
watwut 6y ago
> Ok, but then amazons prices will be higher. Yes they will be higher. Other companies that don't treat employes that badly, whether out of goodwill or due to being in places with more regulations, will be more competitive.
jleahy 6y ago
The minimum wage in the UK is $10.55 and amazon still works just fine. In fact we’ve had 1 day delivery for a long time, and it’s still working post-covid.

by zpeti 6y ago

harimau777 6y ago

I think that there needs to be a balance. Neither extreme redistribution nor extreme capitalism seem to work well for society as a whole. I also think that we need more progressive taxation and social benefits which would offset some of the price increases.

vertex-four 6y ago

There will always be a company that delivers products according to the minimum regulations required by law - that's how capitalism and competition are meant to work (given a near-unlimited labour supply).

zpeti 6y ago
Correct. But in this Imaginary scenario it will Certainly be more expensive than current amazon. Is that more acceptable, to say the poorest in society, than bad worker conditions?
- vertex-four 6y ago
  The poorest in society, at least in a functioning capitalist society, are those either employed according to the minimum regulations or those receiving state benefits. By raising both of these, we raise the purchasing power of the poorest in society, hopefully in a way that is commensurate with the increased costs. We are able to provide both good working conditions and a living wage to all people. We can afford it.

deleted 6y ago

[deleted]

watwut 6y ago

> Ok, but then amazons prices will be higher. Yes they will be higher. Other companies that don't treat employes that badly, whether out of goodwill or due to being in places with more regulations, will be more competitive.

jleahy 6y ago

The minimum wage in the UK is $10.55 and amazon still works just fine. In fact we’ve had 1 day delivery for a long time, and it’s still working post-covid.