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Re:The Effects of Major Retailers Raising Their Minimum Wages by StefanWestfal on Monday December 06, 2021 @10:11AM (#29460622)
Could you explain? I would assume that only a part of the increase in wages would go to rent. I live in Norway where the minimum salary is high. Rents are too but the average person has to spent less time working to pay for housing.

Do you think the hours a person needs to work to pay for housing would stay the same if the wage increase?

Re:The Effects of Major Retailers Raising Their Minimum Wages by ethanbond on Monday December 06, 2021 @10:45AM (#29461107)
Roughly yes. How are we still working 40hrs/week just to put a roof over our head and feed our families when we are equipped with technologies that have exponentially increased the productive output of each individual?

The answer is that land has gotten more expensive, so everything on it has gotten more expensive. The solution is not to avoid wage increases, as this “FUD” accusation assumes, but to raise wages and tax the daylights out of landowners (like myself) so society can recoup the benefits of its productivity!

Re:The Effects of Major Retailers Raising Their Minimum Wages by ahtihn on Monday December 06, 2021 @12:42PM (#29462933)
> How are we still working 40hrs/week just to put a roof over our head and feed our families

Most tech workers earn far more than is necessary for just this. But we also want nice cars, nice vacations, going out to restaurants and buy nice toys. That's what keeps most of us working that much.

Re:The Effects of Major Retailers Raising Their Minimum Wages by ethanbond on Monday December 06, 2021 @01:07PM (#29463376)
Yes the people in what’s likely the most lucrative industry in human history have it good. For now.
Re:The Effects of Major Retailers Raising Their Minimum Wages by matsemann on Monday December 06, 2021 @10:26AM (#29460843)
(just a nitpick, but we don't have a general minimum salary / minstelønn in Norway. Unions however, have managed to establish rules binding everyone in certain industries to some minimum)
Re:The Effects of Major Retailers Raising Their Minimum Wages by vidarh on Monday December 06, 2021 @11:06AM (#29461411)
To add to that: About half the Norwegian workforce is unionised (which is the lowest of the Nordic countries, but higher than all other non-Nordic countries in the OECD than Belgium), and something like 3/4 of all workers are covered by sectoral agreements (tariffavtaler), which is why there's not much demand for minimum wage laws.
Re:The Effects of Major Retailers Raising Their Minimum Wages by pnutjam on Monday December 06, 2021 @10:18AM (#29460718)
That's just another guy trying to sabotage the working class, ignore the FUD about rents.
Re:The Effects of Major Retailers Raising Their Minimum Wages by nights192 on Monday December 06, 2021 @10:22AM (#29460774)
I don't believe that's a very good-faith interpretation; what makes you believe that, man?
Re:The Effects of Major Retailers Raising Their Minimum Wages by pnutjam on Monday December 06, 2021 @11:04AM (#29461396)
Rents go up regardless of inflation. I've been renting for decades.