https://jacobinmag.com/2019/10/amazon-kshama-sawant-seattle-...
https://jacobinmag.com/2019/10/amazon-kshama-sawant-seattle-...
i think it is absolutely disingenuous to blame it on corporations playing by the rules clearly and explicitly established by the society. It is the society who bears responsibility for the ugly situation that the minimum wage is many times below living wage. The minimum wage must be at least $30-$50, especially in the high cost areas. I don't understand why the people at the local Starbucks who work much harder than me are making on the scale of ten-folds less. The society explicitly and intentionally maintains that situation by maintaining the very low minimum wage. The only reason i can find is that the society seems to want the social darwinism of the 'rat race' and achieves that by maintaining the large gradient between supposed "losers" and "winners" (which i think is almost medievally cruel) which powers the miracle of American economy. Looks like the society is pretty sure that nobody is going to work hard, or at all, if there were a generous safety net, a minimum wage allowing for normal life, etc ...
Their tax-avoidance schemes and their lobbying have robbed society of resources that are needed to address and ameliorate the many problems we face.
Supply and demand. If starbucks baristas were paid $50/hour think about how expensive coffees would be. People would either start making their own coffee at home or buying expensive machines that are still cheaper than $50/hour to operate.