Re:Share of U.S. workers holding multiple jobs is rising
by mjfl on Thursday February 18, 2021 @07:19PM
(#26187769)
They would raise prices, and be immediately replaced by Amazon, who can outprice them with scale and robotics. All this time you are complaining about a society dominated by a few large players, but every policy you advocate favors the dominance by a few large players.
While lower income workers would have the prices raise on them, but less than by the amount that their page is rising (because the cost is also spread on people who won't have their wages increased).
Which is fine by me. It can present a problem to positions like, say, academic adjunct, since those are budgetary and can't simply increase prices. But for the most part I don't see anything apocalyptic about a minimum wage increase.