Should a business that relies on poverty wages stay open? It seems to me that if you can’t afford to pay your employees a living wage then you shouldn’t be in business since your business is clearly not viable. It’s like all these food delivery apps that popped up the last few years. They rely on venture capital and underpaying their “employees” to bring the price down. But eventually they’ll be asked to make a profit and the prices will go up. I don’t think people will keep on ordering in the same quantities when the delivery fees doubles or tripples, the bussinesses are just unsustainable and if you believe in market economies then they should be allowed to fail.
Should a business that relies on poverty wages stay open? It seems to me that if you can’t afford to pay your employees a living wage then you shouldn’t be in business since your business is clearly not viable. It’s like all these food delivery apps that popped up the last few years. They rely on venture capital and underpaying their “employees” to bring the price down. But eventually they’ll be asked to make a profit and the prices will go up. I don’t think people will keep on ordering in the same quantities when the delivery fees doubles or tripples, the bussinesses are just unsustainable and if you believe in market economies then they should be allowed to fail.