Message from @Dr.Cosby
Discord ID: 603913148080193536
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
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
So, while some kind of an overhaul of the system might make more sense, at least for shorter term solutions, playing with minimum wage is a way to offset some of the bad stuff
the issue is reforming a system completely just introduces new bad outcomes
That too. It's really tricky and full of variables
they may not be as bad in theory but they will still be there
and actually could end up worse
so sometimes its the devil you know