Quote:
Originally Posted by Dion
You raise an interesting point. How do we determine what is greed and more importantly what is a fair profit for small business owners to make.
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Insisting that small business owners pay their workers more is problematic because it artificially puts constraints on a part of the system governed by free interactions.
Think of it this way. Can they just demand their suppliers cut costs to make up for the higher wages? Those suppliers are under the same mandate to increase wages as well. Can they just raise prices? Not all the way if they want to stay in business.
If these employers were really all greedy they would have done so already. The only other place the money can come from is the employers themselves, or from lower labor costs by cutting employees.
For some it's much easier to attack the mythical "greedy employer" rather than deal with actual damage being done.