|
|
 Originally Posted by oskar
Even if you abolish minimum wages, it's not going to fix the underlying problem. People are just not going to work for the wages you'd have to settle for if you want to compete with a touch screen at McDonalds or a self driving truck, because that wouldn't be $11 an hour. Try a week.
It's a difficult subject because on the surface laissez faire capitalism looks really convincing. You earn money, and that's your money. Why would anyone have the right to take that away from you? Well, it's complicated.
You've just touched on why all the paranoia about greedy corporations is overblown.
McDonalds could have installed touchscreen order kiosks years ago. They didn't. Why? Because the market wage allowed them to hire a person, and still sell their product at a competitive price. And in that situation, a human being is always preferable to a machine. Creating jobs, employing people, connecting with the community and generating personal success stories increases their goodwill, and that has a value.
But when the government fucks with the market via a massive minimum wage hike ($15 is a fucking lot), now you've removed McDonald's abilitty to continue to sell it's products at competitive prices. The government has inserted a cost that is larger than the value of goodwill.
|
Reply With Quote
