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this post was submitted on 08 Dec 2024
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No Stupid Questions
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No such thing. Ask away!
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Well they can pay their employees better. They just don't want to
So here's a bit of Marx for you, no, they literally can't.
Unregulated capitalism floats the most unscrupulous, must exploitative companies to the top, because if they stop being the arch-enemies of humanity, they will get outcompeted. Those at the top are just as much slaves to the system as those below, except most of them like it that way.
The only way they could really help is if they lobbied for getting money out of politics, or better workers' laws. But they won't because of the above point.
This is a different outlook on the situation, but I disagree:
The key difference is that companies don't need to be at the top to survive but willingly choose to be the biggest slaver in town for profit. Their choice to do this is what puts pressure on everyone because they are being exploited and still have to meet their bodily demands that they absolutely require to survive.
Calling companies equal slaves to the system is disingenuous, they have the privilege of not being a living entity.
That's true, but doesn't preclude the existence of premium or prestige services for those with money to burn - the cost in those cases becoming the point of difference, and a proxing heuristic for an (assumed) improved service. Think visiting a tailor for your clothes.