Viewing a single comment thread. View all comments

charlesfire t1_ituysz1 wrote

>We all want higher wages and better conditions - especially during a cost of living crisis. But the only sustainable route to higher wages is more productive businesses,

LMAO

That's not how it works. More productive businesses means "we will make more profit", not "we will increase our employees wages".

44

kippypapa t1_itw4f11 wrote

Job opportunities increased faster than population can increase. This makes worker bargaining power higher. Business wins, labor wins. In the law that they passed, business loses and for a short time labor wins, but ultimately labor loses because fewer businesses will open or hire as much. You see this in many European countries. People keep businesses in the family and employ few people. It’s hard to get a job in many European countries as a result.

−8