November 5, 2024

4 thoughts on “Ithaca ‘Fight for $15’ Protesters Squirt Ketchup and Mustard on Each Other

  1. The way to fight for any wage is to have a marketable skill. The minimum wage is an artificial assessment of one’s skills. If the nation had the chutzpah to eliminate the minimum wage altogether and set the market free we would see remarkable results! But greed wills otherwise. Sadly the small business owners suffer the most.

  2. Out current economy relies on the minimum wage workers to fill those jobs, the market therefore won’t allow all of them to skill out of it, and without the ability to collectively bargain for a wage, huge conglomerates will not pay the workers what the market actually calls for, that money goes to the top. Market forces could only be relied upon for efficiency if there were enough employer firms to be negligible individually just like the employees

  3. These firms are paying shared holders and thus making profits.. I.e. – the market is already inefficient. Law of second best states that if a market is already inefficient, any change in a variable away from that condition will have an indeterminate effect. Distorting a distorted market can be therefore be efficient and move the market toward the competitive equilibrium. McDonald’s is not an instrument of the invisible hand, it’s in fact quite visible

Comments are closed.