Originally posted by sigma:
It's a great utopian ideal, but it just doesn't work in a capitalist society.



The most influencial and intelligent Theologians and Philosophers have denounced capitalism as a proper societal model since at least Plato.

Originally posted by sigma:
Let's say I ran a McDonald's, and my regular workers made $15,000, my shift managers made $30,000, and my general managers made $50,000. I want to raise my workers wage from $15,000 to $25,000 -- great idea. But now I can't find shift managers to work because there's no significant pay incentive to do so, so I have to raise their pay to $40,000. Now I can't find general managers because their pay difference isn't enough and they'd rather work the easier shift manager spot for a bit less. So I have to pay them $75,000.



This is assuming that the primary motivational force for advancement is MONEY, in today's society where you have to advance in order to have enough money to simply SURVIVE, money is a huge motivator, however, historically POWER has been an on-going and bigger motivator. People will seek to advance for the ability to control.

Originally posted by sigma:
Even if we presume that the other positions didn't complain that they wanted more money, if you jack up the pay of the lower-waged, their cost of living is going to go up simply because of supply and demand. If I know everyone gets paid at least $25,000 in the country I'm not about to lowball my prices to gain market share, I don't have to anymore. Everone's got money. Cost of living goes up as people make more, are you going to continuously adjust wage to Cost of Living +1% -- it'd be never-ending cycle of increases since the cost of living would increase roughly as fast as the average wage increased.



This is what is concidered a "slippery-slope" argument, roughly 98% of all slipperly-slope situations NEVER pan out.

Profit capping, and continuouly adapting minimum adult wages to average cost of living, might initially cause an inflation hike, but intelligent buisness persons with concerns other than how many millons of profit they have compared to their competitors, will see that keeping costs low will allow for sales of a greater quantity of goods and diversified markets; all things that build brand and company loyalties.

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