Notion being that the corporation that is so severely under paying its work force isn't genuinely profitable and is falsely portraying itself as so.
Notion being that the corporation that is so severely under paying its work force isn't genuinely profitable and is falsely portraying itself as so.
A lot of discussions of inequality in the US eventually end up as discussions of nominal equalness, like the problem is about making sure everyone gets paid the same amount. What the real problem is probably is more like certain beneficiaries are overvalued and overpaid, either through rent seeking, structural problems, deception, or something else, and/or the others are underpaid, and/or certain costs of labor are being unpaid.
If you have a highly profitable business and basic employee needs aren't being met by the employer's compensation, it's sort of necessarily a sign that certain costs of labor -- food, shelter, and healthcare for the workers -- aren't being paid when they could be.
It's like if I hired a carpenter to redo cabinetry in my house, and then decided I wouldn't pay for the materials because it wasn't something the carpenter themselves produced. The food and health of the workers is something the employer is benefiting from that is necessary to the labor, and they're just assuming that the workers are getting it from elsewhere.
I think the tendency for "greater equalness" to often seem like a goal in itself is kind of an indirect consequence of the fact that often when you account for all the hidden unpaid costs and overvaluations and undervaluations, employees of a company or institution probably should be more equal than they often are.
It's strange that we accept all these economic notions of price fixing, fraud, theft, and over and undervaluation when it comes to physical goods, but when it comes to labor and employer and employee compensation we just kind of pretend it's all perfect markets, with perfectly rational actors and no structural problems.
If you have several children and are a single parent, should Amazon pay you 2x or 3x your childless coworkers, just to keep you off of government support?
Minimum wage is set by politicians, not some arms length regulatory agency. So it's entirely possible that the minimum wage is stagnant for intractable political reasons and out of touch with reality.
Federal minimum wage is $7.25 per hour, so that's not saying much.
Going by state minimum wage, your statement is incorrect. According to Google the average Amazon warehouse worker in California makes $17-18 an hour. California minimum wage is $16 per hour.
https://hiring.amazon.com/app#/jobDetail?jobId=JOB-US-000000...
Sure sounds like an attack on my character...
You didn't clarify what kind of minimum wage you're talking about, and I pointed out that you're mistaken regarding state minimum wages.