tst123@lemmy.world to News@lemmy.world · 10 months agoCalifornia fast food workers to get $20 minimum wage under new deal between labor and the industrywww.kcra.comexternal-linkmessage-square162fedilinkarrow-up1699arrow-down113
arrow-up1686arrow-down1external-linkCalifornia fast food workers to get $20 minimum wage under new deal between labor and the industrywww.kcra.comtst123@lemmy.world to News@lemmy.world · 10 months agomessage-square162fedilink
minus-squarebobman@unilem.orglinkfedilinkarrow-up3arrow-down7·10 months agoI mean, I totally agree with what you’re saying. I don’t think it should be this way, but it is. Blame capitalism. Maximizing profit, by definition, is doing the least while charging the most.
minus-squareBernie Ecclestoned@sh.itjust.workslinkfedilinkEnglisharrow-up2arrow-down1·10 months agoThat’s a very simplistic view and ignores the effect of competition to prevent doing the least
minus-squareGabu@lemmy.worldlinkfedilinkarrow-up1·10 months agoSaid effect doesn’t exist, it’s an illusion caused by small insular markets.
minus-squareBernie Ecclestoned@sh.itjust.workslinkfedilinkEnglisharrow-up1·10 months agoHave you ever worked in sales?
minus-squareGabu@lemmy.worldlinkfedilinkarrow-up1·10 months agoYes, I have. I also have studied economy and finances at a degreed level.
minus-squareBernie Ecclestoned@sh.itjust.workslinkfedilinkEnglisharrow-up1arrow-down1·10 months agoYou should know better then
minus-squareGabu@lemmy.worldlinkfedilinkarrow-up1arrow-down1·10 months agoIt doesn’t ever even cross your mind that you may be wrong, huh? The true mark of an idiot.
minus-squareBernie Ecclestoned@sh.itjust.workslinkfedilinkEnglisharrow-up1arrow-down1·10 months ago Said effect doesn’t exist, it’s an illusion caused by small insular markets. It’s such a fatuous comment. Of course competition exists
I mean, I totally agree with what you’re saying.
I don’t think it should be this way, but it is.
Blame capitalism. Maximizing profit, by definition, is doing the least while charging the most.
That’s a very simplistic view and ignores the effect of competition to prevent doing the least
Said effect doesn’t exist, it’s an illusion caused by small insular markets.
Have you ever worked in sales?
Yes, I have. I also have studied economy and finances at a degreed level.
You should know better then
It doesn’t ever even cross your mind that you may be wrong, huh? The true mark of an idiot.
It’s such a fatuous comment. Of course competition exists