But they don't. The people calling themselves managers will justify not paying existing people more once they have to pay new people more by saying that that is

But they don't. The people calling themselves managers will justify not paying existing people more once they have to pay new people more by saying that that is what they signed up for when they started. And then when people leave, they convince themselves that we are all interchangeable. No matter what happens, they have some sort of excuse or justification.