tst123@lemmy.world to News@lemmy.world · 1 year agoCalifornia fast food workers to get $20 minimum wage under new deal between labor and the industrywww.kcra.comexternal-linkmessage-square155fedilinkarrow-up1672arrow-down112
arrow-up1660arrow-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 · 1 year agomessage-square155fedilink
minus-squarebobman@unilem.orglinkfedilinkarrow-up3arrow-down6·1 year 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-down1·1 year agoThat’s a very simplistic view and ignores the effect of competition to prevent doing the least
minus-squareGabu@lemmy.worldlinkfedilinkarrow-up1·1 year agoSaid effect doesn’t exist, it’s an illusion caused by small insular markets.
minus-squareBernie Ecclestoned@sh.itjust.workslinkfedilinkEnglisharrow-up1·1 year agoHave you ever worked in sales?
minus-squareGabu@lemmy.worldlinkfedilinkarrow-up1·1 year agoYes, I have. I also have studied economy and finances at a degreed level.
minus-squareBernie Ecclestoned@sh.itjust.workslinkfedilinkEnglisharrow-up1arrow-down1·1 year agoYou should know better then
minus-squareGabu@lemmy.worldlinkfedilinkarrow-up1arrow-down1·1 year 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-down1·1 year 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