Re:A Week in the Life of a McDonald’s Cashier
by Spooky23 on Friday December 06, 2019 @02:57PM
(#21725391)
I didn't criticize the business model. I said that I'm opposed to exploiting workers, and that addressing that problem is more important to me than preserving McDonald's present business model.
If their business model is not compatible with humane treatment and fair compensation of workers, why should we subsidize it? If the quality of McDonald's food is such that a small marginal cost increase will destroy the business, is it a good business?
Competition in the fast food space is intense, and market forces will drive prices. Perhaps the people who cannot afford a hamburger at Five Guys would be able to do so if paid a decent wage.
Re:A Week in the Life of a McDonald’s Cashier
by scarface74 on Friday December 06, 2019 @03:16PM
(#21725553)
The only reason that money losing startups “business model” works is because they don’t have to worry about silly things like profits. They are also being subsidized by VCs who are being subsidized in part by public pensions.
Maybe if we didn’t give special treatment to VCs Capital gains, many of the tech bro’s would also be out of a job. If we want to stop subsidizing bad business models let’s start with not allowing public pensions and tax free endowments the ability to invest in VC.
What’s the percentage of people that work at McDonalds are working there as a primary income?
Isn’t kind of hypocritical that you criticize McDonald’s profitable business model but you’re okay with all of the startups - including ones that are backed by YC who are losing millions of dollars but are able to access capital?
Five Guys also costs a lot more. The people who eat at McDonalds every day couldn’t afford Five Guys.
And if the magical competitor becomes available, are they going to be able to sell food as cheaply as McDonalds?