Re:Elite do-gooders 'fixing' the world are part of the probl...
by missedthecue on Tuesday August 11, 2020 @05:10PM
(#24126025)
Popular myth. Ford paid his workers that amount to outcompete competitors, not because he was in the game of charity. It's the same with Bezos, hence why Amazon lobbies for a federal $15 minimum. Many businesses will be outcompeted by Amazon with a law like that.
https://www.nytimes.com/2006/04/05/business/the-economics-of...