Quote:
Originally Posted by polak
And so we're back to the idea that owning a small business is a god given right and that employees quality of life (not just Jims employees, but all employees that make minimum wage) should subsidize this right?
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Holy balls man. Its business not Feudalism.
If an employee doesnt want to work for minimum wage then they have to bring more to the table. You know who can unpack boxes and place them on shelves? Literally anyone.
The business owner owns the business, not the employees. If they're being grossly underpaid then they can go work elsewhere for what they feel is fair compensation and their family will not be held hostage, their women will not be raped nor will their huts be torched.
I find it strangely disconnected that so many of you put the cart before the horse.
"Wont someone please think about the employees!?!?!"
Well, they do. Employees are very important, but if the business cant make a go of it because legislation dictates that they have to pay the employees more than the value they provide then theres no employment to be had.
And the argument that 'the market will adapt and new businesses will step in and take over where the old business failed' doesnt hold when the factors that caused the old business to fail in that industry segment to begin with, legislation, remain in place.