Comment by dazilcher
14 days ago
> the traditional way to get people to work those jobs is to offer more money or other compensation.
And that will raise the cost of all services and goods, including the cost of having someone's basic needs met. Then we're back to square one, now what?
If the current cost of things is based on exploiting workers, then costs should rise.
However, I don't think that's currently the case.
The current cost of things is now predominantly driven by how much could be charged. I see it all the time: "the value of something is determined by the maximum price that the market is willing to pay".
So if the price is based on the maximum they could charge, then they won't be able to raise the prices because they will lose all their customers. They will have to find a more efficient business model.
The place where most cuts should happen is at the top of the pay scale. There is absolutely no good reason that the person who owns the company that picks up my garbage should be making tens or hundreds of millions of dollars every year.
But regardless of how they streamline their business models to allow for maximum profitability, one thing is certain...
If we need to employ systemic, predatory behavior that forces people to take unsavory jobs to survive then we are purposefully misunderstanding what a free market really is.