this post was submitted on 03 Apr 2024
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[–] SendMePhotos@lemmy.world 9 points 7 months ago (1 children)

OK but what about the price jumps prior when the minimum wage wasn't a factor?

[–] fidodo@lemmy.world 5 points 7 months ago

Price increases without an increase to minimum wage: "That's just companies charging what the market has decided as a fair price"

Price increases along with an increase to minimum wage: "OMG! GREEDY WORKERS ARE BLEEDING US DRY!"

If we're going to have a system that's foundationally built off greed, then a workers "greed" of wanting a wage they can live off of is just as valid as a corporation's actual greed of wanting to maximize profits, except we should prioritize the "greed" that benefits actual human beings.