4 ms·
Forgive my misunderstandings, but if the business can't make ends meet with their labor and income costs, then it sounds to me like that is not a sustainable bu
by Balgair 6y ago
Forgive my misunderstandings, but if the business can't make ends meet with their labor and income costs, then it sounds to me like that is not a sustainable business in the market they are in.
Granted, if enough of these shops then go under, the supply of jobs will decrease, and then the wages will drop (and many other market effects). Capitalism isn't even close to a perfect system for allocating these resources, but it does seem to be one of the best we have found thus far.