4 ms·
Stories like this are clearly intended to support the politics behind raising the min wage...and Business Insider is a known propaganda machine for the left. W
by jb775 6y ago
Stories like this are clearly intended to support the politics behind raising the min wage...and Business Insider is a known propaganda machine for the left.
What the story intentionally doesn't point out is that a hike in minimum wage wouldn't impact Wall Street bonuses whatsoever (or business exec salary/bonuses). The cost would be shifted to non-unionized middle class workers, such as software devs via wage stagnation and reduced benefit quality while at the same time inflation would soar causing reduced purchasing power of that salary.
You think people at the top care if there's one big lower class?
- frashelaw 6y ago> corporate business newspaper is a mouthpiece for the "left" you mean liberals, who are by no measure left: they simply want woke capitalism. leftists want to end capitalism.
- ewindal 6y agoSocialists and leftwards want to end capitalism. There’s a large spectrum of leftists that don’t want that, ie. social democracy.
- EdwinLarkin 6y agoIn my opinion the existence of radical left or socialists is a testament of capitalism. These forces exist as a regulation force on the market.