Message from @Dr.Cosby
Discord ID: 603912510122229770
if someone is willing to work for $2
you have a labour issue
the balance should be struck where there is nobody willing to work for $2
in my ideal system <:xd:562563637781463046>
People get screwed by their employers all the time. I had an ex who worked as a waitress and her "minimum wage" was even lower (wtf?) - and her boss took her tips
Without government regulation, this stuff happens time and time again
Minimum wage is just ONE check-and-balance to keep things from being too fucked up
Why didn't she quit, right?
She was a middle-class white American girl
Why not just find another job?
Maybe she was just stupid!
But she worked there for almost a year. Even when living with her parents and being able to find somewhere else.
๐ค
I see what you are saying
People get bent over the barrel man
If itโs to protect people then I am for it
Even WITH "good" minimum wage
I also see what you are saying
And again, I am very pro free market working things out
To me, it makes perfect sense that it would sort itself out
But that's in a perfect situation where everyone is intelligent and able to switch jobs willy nilly, you know?
Correct yes
The problem comes when minimum wage tries to be a living wage
Like, a simple wrench to throw in those gears is how people need money NOW to pay for stuff. And they desire stability and stuff from their job. They get hired at a suboptimal rate, they are very likely to stay there, even if it's shitty
Very true people are like that
You can blame them for being dumb, when the next door fast food place if offering a bit more money
But it's not so simple in real life situations
Of course
And don't forget about monopolization as well as unofficial cooperation that almost certainly goes on behind closed doors
But thinking s minimum wage is going to sustain you for a long time is very foolish
Is it really that hard for businesses to band together to screw people by all offering extra low wages?
Iโm sure they do that
The business is only there to make profit
Keeping costs low
Mind you this is for faceless corp who do not value their staff
There are pro people businesses
Of course
Basically, I see this a bit as a "theory" versus "practical application" type thing. In theory, it makes sense to let the free market regulate this stuff, but in practice it doesn't seem to work well.
thats like any system
they never work out that great in practise ๐