You all are so short sighted there isn’t even a conversation to be had. Try this https://youtu.be/A-I4Vsl-AEg lots of background but you can skip to 15min
The way I see it is higher minimum wage will just increase inflation which is already ridiculous. It would be better to tax/cap corporate profits, limit ceo compensation to 10 or 20x the lowest paid employee’s salary etc. People not earning a living wage is a symptom of broader issues, not the problem itself. By manipulating this symptom there are knock on effects that will just make things worse.
Read a fucking book. Exploitation will occur if you allow the free market to fully set the price of labor.
“In the making of the wages contract the individual laborer is always at a disadvantage. He has something which he is obliged to sell and which his employer is not obliged to take, since he [that is, the employer] can reject single men with impunity“
You all are so short sighted there isn’t even a conversation to be had. Try this https://youtu.be/A-I4Vsl-AEg lots of background but you can skip to 15min
The way I see it is higher minimum wage will just increase inflation which is already ridiculous. It would be better to tax/cap corporate profits, limit ceo compensation to 10 or 20x the lowest paid employee’s salary etc. People not earning a living wage is a symptom of broader issues, not the problem itself. By manipulating this symptom there are knock on effects that will just make things worse.
Oh they got a youtube video!! I’m totally convinced!! Youtube!!! Youtube everyone!!!
They got a youtube video everyone!! DEBATE OVER
Read a fucking book. Exploitation will occur if you allow the free market to fully set the price of labor.
John Clark