466 karma · joined February 20, 2007
I guess you don't find sex fun either?
You mean like the $645MM profit they made in 2008, the $902MM profit they made in 2009, the $1.15BN profit in 2010, or $631MM profit in 2011?
Or is all that nullified by the $39MM loss in 2012 (due to LivingSocial)?
But then it also thinks the capital is "Tallin", rather than Tallinn.
It depends somewhat on what you class as malice. Starting a business is usually a deliberate attempt to cause harm to competitors, and success at it may well cause thousands of people to lose their jobs, etc.
What would most likely happen is that one set of restaurants would increase prices, whilst another would try to avoid doing so, by trying to find ways to reduce service costs (e.g. customers place their order at a machine, rather than with a human). Some of each would be successful, some would not. But over time the trend is towards more and more low paid jobs being pushed back to the customer themselves. In many countries minimum wage has been a key factor in killing off many jobs, (e.g. as pumping gas.)
Also, if minimum wage is raised to above your current wage, you're now competing for it with people who were in that higher wage bracket before. If a business now has to pay someone, say, $10 an hour instead of $7, they will be able to get people with more experience / skill for that price, making it harder for people to get entry-level jobs in the first place.
Only if you would have spent that hour working instead, and if you would actually earn an extra $50 (net) for working that hour (many people wouldn't), and if that potential hour's work is now lost to you.
It's pretty rare for all three of those things to be full, and most of the people I've ever met who have been in that scenario have learned pretty quickly that working every hour possible isn't really a fun way to spend your life.
Well, one of the 30 million people still using Winamp.
Even Microsoft don't have 100% gross margin.
That depends on the timeframe. Once the money has been moved out of that new account again things start getting much harder.
See, for example, a family who were jailed for exactly this: http://www.guardian.co.uk/uk/2003/jan/16/rebeccaallison2
Citations welcome to this being different in other countries.
Weird writing/typos aside, I find this concept confusing. What does it mean for writing to be self-sustainable?
Why would that be so bad? Why is it essential for everyone to have a job?