California voters to consider raising minimum wage to $18 with Proposition 32
California voters to consider raising minimum wage to $18 with Proposition 32
Californians will take their wages into their own hands at the ballot box in November as they vote on Proposition 32.
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The problem with minimum wages is that they also drive up prices over time. This is a bandaid to a much bigger problem.
That's why they also need to introduce a maximum wage. To stop prices going up from paying the ceo too much.
Dunno why you'd think that solves the problem
Dunno why you think it couldn’t help in any way
Because minimum wages cause significant cost for companies, which they are forced to pay by law.
High salaries are not mandatory and if a company can't afford it, they don't pay that much.
So we should decrease your salary to drive down prices?
While lower salaries would decrease the amount of financial pressure on companies and could lead to more competitivepricesz, I don't think that that would be the correct avenue to walk down no.
I think the only real solution to that is to break up mega corporations and try to fund and subsidize local businesses.
Capitalism has been a blessing for everyone, even those clowns on lemmy.ml or other clown instances, but when globalization hit, it went downhill. Trying to promote local businesses again would - at least in my opinion - better the entire system, from wages to prices to work conditions.