3 ms·
Politicians decide wages private companies pay people?
by orwin 9mo ago
Politicians decide wages private companies pay people?
- _DeadFred_ 9mo agoPrivate companies invented 'the company store' and paying their labor in script so that labor never had a means to leave (your pay is useless outside of the company town). Politicians got rid of company pay choices and made them pick from a list of options after it was established companies couldn't be trusted to make the wage choice on their own. So yes, and for good reasons. Unless your argument is that companies should be allowed to pay in useless company scrip? Government oversite is so necessary and has become so pervasive and successful that Conservatives are like fish that don't believe water exists. They assume our successful heavily regulated Capitalism is the default state of Capitalism.
- surgical_fire 9mo agoIn terms of minimum wage? Yes.
- trhway 9mo agoNo. Private companies decide what wages to pay. Politicians only decide what wages private companies aren't allowed to pay.