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Old 01-27-2021, 01:09 PM   #751
Sliver
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Quote:
Originally Posted by PsYcNeT View Post
I still maintain that if your business model is predicated on underpaying your labor, and would "go under" because of a minimum wage increase, you are bad at business.

In reality, most owners just don't want to take the haircut, not because they can't afford it. People vastly overestimate the level of altruism that exists among small business owners. The biggest lie ever told is "If I could afford to pay them more, I would!"
Yeah, and what's so bad about businesses going under, anyway? If you can't sell your goods and services for a price that people are willing to pay and that will cover your costs, then you don't have a good business.

Poor people should not have to subsidize businesses with their labour. That's exploitation.
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