I have both run and worked in food & beverage businesses and that is exactly the problem. Even here in Austria where service personnel usually gets paid much fa

I have both run and worked in food & beverage businesses and that is exactly the problem. Even here in Austria where service personnel usually gets paid much fairer wages there is still the problem of simply not being able to pay them those really fair wages because perception of prices by customers is broken. The reasons for that are similarly complex to why no iOS dev I know could likely make a living from selling apps on the Apple app store. E.g. one woman/man food cart or bar owners who offer services for dumping prices don't know and/or value how much their time and energy is actually worth or simply feel the need to take the risks to get a competitive edge. It's a true race to the bottom. In 2013 actually very, very few individuals and companies are still generating profits (thinking about Amazon, Salesforce.com, etc). So profits are drying up for most of us, it's a shame really that a lot of capitalism critical thinkers seem to have been right all along. How can we get to a more even distribution of authentic wealth without throwing out the benefits of capitalism? Realizing how far I've digressed already, this interview is very relevant IMHO if we talk about our own industry and the fairy tales in connection with it: http://37signals.com/svn/posts/3488-i-talk-to-jason-calacanis-about-groupon http://37signals.com/svn/posts/3488-i-talk-to-jason-calacani...