Re:Labor shortage or terrible jobs?
by ehnto on Saturday May 01, 2021 @03:07AM
(#27004013)
Which is a healthy cleanse of an exploitive economy, and America definitely has an exploitive economy, make no mistake.
A minimum wage is a decision a society makes, that says "this is the minimum market rate for a human that we consider non-exploitive", it's not an economic decision made to maximize GDP or profit. If a company can't afford to operate in a way that's non-exploitive then it needs to reconfigure or die out, because it doesn't belong in your society.
A minimum wage is a decision a society makes, that says "this is the minimum market rate for a human that we consider non-exploitive", it's not an economic decision made to maximize GDP or profit. If a company can't afford to operate in a way that's non-exploitive then it needs to reconfigure or die out, because it doesn't belong in your society.