3 ms·
>If people want more pay than can be made back by selling the products You seriously think this is what's happening? People that are demanding higher wages are
by micromacrofoot 5y ago
>If people want more pay than can be made back by selling the products
You seriously think this is what's happening? People that are demanding higher wages are not getting them because it's eating too much into margin to make products viable?
If that's the case I'd argue those products shouldn't exist, but from where I'm sitting it looks like business as usual... the people in charge of pay ultimately don't want to share their profits.
- ChrisLomont 5y ago>They are perfectly willing to spend on other things. So a product shouldn't exist because you don't get the wage you feel entitled to when making it? Apparently a lot of others are willing to work making, selling, and buying products you think should not exist. I prefer the market solution. Anyone can start a company, and pay workers awesome magical wages. Does this not happen because every single company owner is evil, or is it because there are real constraints to this dream of entitled wages, divorced from market clearing rates? Go make that company and make your ideal world reality.
- micromacrofoot 5y agoYou don't think everyone is entitled to a living wage?
- nradov 5y agoNo one is entitled to anything beyond their Constitutional rights. At the bottom of the labor market, some workers' labor is simply worth less than a living wage. If we fix minimum wages too high then those workers won't be hired at all and will never get an opportunity to gain experience.