4 ms·

That’s not how it works. Most fast food restaurants are franchised, not company owned. An average McDonald’s owner (franchisee) only makes about $150k per year

That’s not how it works. Most fast food restaurants are franchised, not company owned. An average McDonald’s owner (franchisee) only makes about $150k per year off it [1]. And that’s after investing a rather large sum of money into the business in the first place. I’ll let you do the math on how much wages could go up for workers before that number turns into “I would make more money doing anything else with my capital”. [1] https://work.chron.com/average-income-fast-food-franchise-owners-24587.html https://work.chron.com/average-income-fast-food-franchise-ow...

grecy 5y ago
> I’ll let you do the math on how much wages could go up for workers before that number turns into “I would make more money doing anything else with my capital”. Then that is exactly what should happen. The world isn't better because McDonald's is in it and everywhere. If there were less, there would be more locally owned burger joints, and more "regular" folk making money instead of corporate giants.
shkkmo 5y ago
> “I would make more money doing anything else with my capital”. Workers should choose to walk away from the current bad deals. Franchise operators should walk away from the bad deals that result from paying enough to fill out their work force. Eventually, corporate McDonalds should face a choice about whether to lose market share or stop extracting so much rent from their franchisees. Isn't that how markets are supposed to work?
- lolinder 5y ago
  That seems to be exactly how the market is working.
- gruez 5y ago
  >Workers should choose to walk away from the current bad deals. Right, but they should also face the consequences (ie. not getting paid). Imagine a world where a SaaS vendor rejects an offer from a customer because they think the price is too low, but the government steps in and pays the SaaS vendor anyways.
  - shkkmo 5y ago
    That is a ridiculous comparison. A business going under is very ethically different from people starving and being homeless. As a result, the people who own and operate businesses have a choice to decline business in a manner that people in poverty don't. That lack of choice prevents markets from functioning property. You seem to be advocatibg removing that choice.

grecy 5y ago

> I’ll let you do the math on how much wages could go up for workers before that number turns into “I would make more money doing anything else with my capital”. Then that is exactly what should happen. The world isn't better because McDonald's is in it and everywhere. If there were less, there would be more locally owned burger joints, and more "regular" folk making money instead of corporate giants.

shkkmo 5y ago

> “I would make more money doing anything else with my capital”. Workers should choose to walk away from the current bad deals. Franchise operators should walk away from the bad deals that result from paying enough to fill out their work force. Eventually, corporate McDonalds should face a choice about whether to lose market share or stop extracting so much rent from their franchisees. Isn't that how markets are supposed to work?

lolinder 5y ago
That seems to be exactly how the market is working.
gruez 5y ago
>Workers should choose to walk away from the current bad deals. Right, but they should also face the consequences (ie. not getting paid). Imagine a world where a SaaS vendor rejects an offer from a customer because they think the price is too low, but the government steps in and pays the SaaS vendor anyways.
- shkkmo 5y ago
  That is a ridiculous comparison. A business going under is very ethically different from people starving and being homeless. As a result, the people who own and operate businesses have a choice to decline business in a manner that people in poverty don't. That lack of choice prevents markets from functioning property. You seem to be advocatibg removing that choice.