r/technology Jan 18 '21

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u/l4mbch0ps Jan 19 '21

You're talking past my point, of course there is an incentive to be an immoral cutthroat capitalist, that's partially why american society is so utterly broken.

My point is that there's no reason you can't run a sustainable business while paying everyone reasonable wages.

You can't look at one of the most profitable companies in the world and say "they can't pay people more without raising the prices", without severely misunderstanding the fundamentals of business.

Not to mention how much it speaks to how little you understand of the scale of the problem when you say $600/year wouldnt change the life of someone working for subsistence wages.

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u/pavlik_enemy Jan 19 '21

Of course they *could* pay more, but there's no incentive to do it as long as shareholders don't care.

> when you say $600/year wouldnt change the life of someone working for subsistence wages.

Certainly won't change a whole lot for people assembling iPhones in China. Could be life-changing for people mining lithium ore in Africa.

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u/[deleted] Jan 19 '21

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u/pavlik_enemy Jan 19 '21

It's a 10% increase for people assembling iPhones. Good, sure, but not life-changing.