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by mojzu
1599 days ago
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There's also a lot of overlap between these jobs and ones that were essential to keep society running during various lockdowns, so the value these jobs provide doesn't seem to be reflected in the remuneration. What I don't understand is why many see it as acceptable for any business to pay less than a living wage under any circumstance, it's just a roundabout way of making taxpayers pay for a businesses labour force |
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that's because remuneration isn't based on value, it's based on market conditions. value merely provides an upper bound. as an extreme example, clean water provides near infinite value to you (you need water to survive, so you're willing to pay infinite dollars for it), yet you can get it from your tap at less than a penny per gallon.
>What I don't understand is why many see it as acceptable for any business to pay less than a living wage under any circumstance, it's just a roundabout way of making taxpayers pay for a businesses labour force
But those people on welfare would receive welfare regardless of whether they're hired or not? I don't see how that's "making taxpayers pay for a businesses labour force".