Tiberius Wrote:If a company offered a job for $1 an hour, people are not going to take it, since it would be absurd to try and live off that amount (without being homeless of course). What happens when nobody takes up the $1 an hour job? Well, the company is losing money by not having the position filled, so they must make it more enticing...i.e. increase the wage.
Companies now offer $7.50 an hour, which is chump change, and millions of people say "okay" because being paid chump change is better than being paid nothing. And, people will care about a company's mistreatment of employees only up to a point, hence why places like Wal-Mart remain hugely profitable.
