Message from @Similar Scowl
Discord ID: 522497964980305930
you would raise the minimum wage
>employees fire, lower working hours, increase prices of goods
so they end up worse than before
then they'll demand higher wages and the cycle will repeat again with more casualties
sorry if i sound like a cop out but i *really* dont want to jump into this rabbit hole
nah its k
there are obviously problems with regulations
they create problems too
but it's about picking the lesser of two evils
the lesser of the too evils
or the good would be
removing the regulations
Wages will automatically reach market level
in my country if our minimum wage was removed people would be earning very little
because people dont know how to bargain
and dont know their worth on the market
what country?
it's not about bargining
Employees would have to pay them a good amount to keep them
if they were needed lol
you can replace the woman that is cleaning corridors at your office in no time
and can very easily know their worth
i can see you are a very liberal guy so i guess i should also point out my liberal ideas on the market
low taxation is good
creating an enviroment where capital can be invested to create jobs is ideal
people should have acess to a variety of choices of their prefered services
etc etc
idk this is just standard stuff
lol
"you can replace the woman that is cleaning corridors at your office in no time
"
Yes there would be competition in the labour market
and employees would have to pay well
do you think there are more business looking for people to clean their offices than people looking for that sort of job?
because that would be the only way that the employee would have less to lose than the employer
Yes
lol
Well atleast in the US
theres more job openings than job less
wages are rising and will rise more than ever
because employers compete for labour too
but surely in the US a lot of people are constrained to their immediate area for job opportunities, since lot of people cant afford a car