4 ms·

Wage floors push the most vulnerable out of the workforce. Is that bad?

• XMPPwocky 6y ago
  If somebody is vulnerable, I'd say it seems like a very bad thing to make them work by threatening them with homelessness and poverty, enforced by men with guns. So no, I don't think it is.
  • unishark 6y ago
    If most people want to help them, as apparently most people do (these laws need to get passed in a democracy, after all), why does that help need to be enforced by men with guns?
• viraptor 6y ago
  This would be the immediate effect today. An alternative description is "VC money supports the axe hanging over unprofitable uber jobs". The question is - does uber need to find a solution to this problem today or in X months? This is going to happen one way or another.
  • manigandham 6y ago
    Uber is profitable in many markets and was approaching broad profitability this year before Covid.
• whiddershins 6y ago
  Yes. A sense of self determination is important to human functioning.