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I find it really weird that on HN, which in general I find to be a pro-capitalist, let-the-market-sort-it-out kind of place, so many commenters seem irked at bu
by zipfle 12y ago
I find it really weird that on HN, which in general I find to be a pro-capitalist, let-the-market-sort-it-out kind of place, so many commenters seem irked at businesses 'being cheap' by offloading waitstaff salaries onto tips. I'm just a simple country hyperchicken, but isn't this that 'maximizing shareholder value' stuff I've been hearing so much about?
- olalonde 12y agoFirst, "maximising shareholder value" is essentially a government regulation which many would argue is not "capitalistic" in the classic sense. Second, one can both support capitalism as a system and dislike some business practices. Third, there is no guarantee that offloading salaries onto tips will result in maximising shareholder value since it could result in less customers using the service.