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The economic reality is that if your business is not generating enough revenue to pay your employees properly, the market is telling you that your product or service is shit.

You can't expect people to work for you for less than they need to live a decent life.

Also, no one was talking about a law. Not me, not the post you shared. But you are an example of why laws are needed to protect workers.

Jeff Swann 1y ago

But people do take low paying jobs all the time, why do you think that is? Maybe because some money is better than no money? And the sort of people who promote economically retarded ideas always want those ideas imposed with force.

The solution to rising living costs & poor job options, is less govt spending (no more bailouts, corp subsidies, & interest rate controls) & fewer taxes & laws restricting bussiness activity. Less govt spending means less inflation, & less restriction on business activity will mean more businesses get created & have to compete for employees. More options raise pay & working conditions.

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Discussion

Toshi 1y ago

So you are saying that various forms of government intervention are forcing employers to pay shitty wages and workers to accept them?

OK.

Let's say in your dream world there is less/no government and everything you think should happen happens. In this scenario, are there still jobs that pay shitty wages?

Or does everyone in this world get a salary that allows them to afford a comfortable place to live, a nice holiday every year, nutritious food and even save some money?

Jeff Swann 1y ago

There will always be entry level jobs with entry level pay. And there will always be lazy people who do the bare minimum & their pay will reflect that. But there should be far more upward mobility. And very few obstacles for anyone who is willing to work for better pay to actually achieve it.

Get the govt out of the way so that anyone can start a business without having to buy permission from the political class, & most people might be able to work for themselves in some form or fashion.