Originally Posted By u/serious_bullet5 At 2025-06-02 03:50:21 PM | Source


    • untorquer@lemmy.world
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      1 month ago

      Step 1: “I can’t pay you this much because [others] will do the work cheaper”

      Step 2: “I’m going to higher you at a lower wage than you could expect before step 1. Please grovel at my feet for my benevolent charity”

      “Basic economics” as an argument is ignorance of externalities.

      You know we have wage regulation right? If you must use the law to enforce the “free” market then you could just as easily increase the already existing minimum wage.

      If you don’t believe in a cost of living based minimum wage that’s a different conversation.