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| Topic | "In 1935, the minimum hourly wage in the U.S. was set at 25¢. |
| Jeff AKA Snoopy 01/28/21 5:01:08 AM #84: | I just find it bizarre how many people think the role of the government is to prop up and basically defend the worst practices that come from capitalism rather than being a check on them. The whole goal of capitalism, by its nature, is to fuck over employees as much as possible. You have a fiduciary responsibility to attempt to make as much profit as you legally can. By law you have to be proactive in making decisions that are best for business, at least if you are publicly traded. If the government is not going to be enforcing laws that help to balance out capitalist necessities by enacting things like a liveable minimum wage, WTF is the point? Why is it OK for the government to step in on anti-trust but not to help employees? It makes no sense to me how people can feel this way. Unless you are so ignorant as to think the free market corrects every negative consequence of capitalism, government needs to step in. This is one of those cases. Unless these companies want to just suddenly stop making money, they will follow the law and run the business, taking less of a profit. And if you truly believe in capitalism, a company that cannot survive such a change was doomed to failure anyways. --- ... Copied to Clipboard! |
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