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Kroger also elected to close three locations in Los Angeles rather than hike their employees' pay $5/hr in accordance with a new (temporary) hazard pay during c
by archduck 5y ago
Kroger also elected to close three locations in Los Angeles rather than hike their employees' pay $5/hr in accordance with a new (temporary) hazard pay during covid.
It gets argued again and again that the profit incentive is necessary for cutting inefficiencies, and looking at it from Kroger's perspective, this appears to be another such example. Yet this is only the case for Kroger - when considered in its full context, as a supplier of necessities for working class folks, it's the total opposite. It's the composition fallacy at work: just because companies with a profit motive evolve to cut inefficiencies wherever possible (such as by externalizing costs) does not mean that society as a whole reaps the same benefits.