3 ms·
Who said anything about sweatshops? You pay the minimum wage expected by law. Apple has $180bn in profits. They could surely afford to pay US workers and lose s
by elorant 2y ago
Who said anything about sweatshops? You pay the minimum wage expected by law. Apple has $180bn in profits. They could surely afford to pay US workers and lose some of that profit. But everything has been dominated by greed these days.
- aisenik 2y agoThis implies significant deflation, $7.25/hr locks you out of traditional rental market and property ownership and access to foods beyond the cheapest staples. You'd be looking at >60hr weeks doing physical labor and living hand to mouth in extreme poverty to sort of stay above water unless everything drops in price by an order of magnitude. The implication that there will not be a massive drop in quality of life and workplace environments is difficult to reconcile with the seemingly-required impacts of massive deflation in real estate assets and commodity prices.