https://archive.md/2021.11.06-005053/https://www.marketwatch.com/story/i-have-never-seen-this-before-in-my-life-this-small-business-owner-raised-starting-pay-but-its-not-enough-in-todays-labor-market-11636136469
Hmm it’s almost like there’s a natural consolidation of capital as larger firms become more efficient via monopolization, while smaller businesses are squeezed out.
What? But I was told wage work is just a transitory stage in life toward my independence as a property owner. What do you mean thats utopian?!
No my utopia is owning a small farm or hardware store in a frontier village
The modern equivalent of this is owning a Burger Town franchise in Raytheon Acres
I am going to carve the words "Yeoman Farmer" into the head of a sledgehammer, go back in time, and beat Thomas Jefferson to death with it.
has he considered doing more work himself or adjusting to what there is greater demand for in the market. Really he should be coming up with solutions himself because it's his business and his responsibility
Owning a business is not a right. If your business model can’t function because of labor costs then you’re a fucking idiot who should go out of business.
:bugs-stalin: wishing every small business owner a very happy bankruptcy.
this is hilariously why right-wingers will occasionally accuse us of being in league with large corporations, because we admit the reality of the competitive nature of capitalism
yeah, your small business is going to fail when it can't compete with rising labor prices. No shit. Oh wait is the state supposed to intercede on the behalf of tiny businesses to keep it fair, no the state is already owned by the largest corporations
guess you gotta get a job like the rest of us, mr small business tyrant
In a way I've really shifted toward a corporations > small business stance. It's not that either stance makes sense from a socialist point of view, but corporations are quite a bit easier to regulate and nationalize, "after the revolution" or whatever
in a particular sense, large corporations do centralize production for us. Imagine if the early USSR had something like Wal-Mart's infrastructure
Both McDonald's and Culver's did not respond to MarketWatch's requests for comment.
What did they ask? "Why do you pay your employees $15 an hour, even though it hurts small business tyrants' pockets?"
Oh no, we'll have to buy donuts from one of the 40 other donut establishments in the immediate area.
At this rate, there might only be 10 or 15 donut establishments in the immediate area!
Quick, take kids off chemotherapy or something!
maybe cut down on staff+production if you can't meet costs. It's a math problem captain smartpants owner.
No one is entitled to profit. It seems that you simply cannot afford to hire employees, and therefore you do not have a profitable business. It’s basic economics.
I'm old enough to remember morning new/talk shows that would regularly talk about how "you should ask for a raise and here's how".
Its nice to see it finally happening.
:spray-bottle: :panting:
Please someone hit me with the spray bottle, this is article is heating me up
So say they employ 6 people at a time, all day, every day, and are open from 7am to 9pm.
That's 14 hours a day, times $1.5 times 6 = $126 per day maximum. What is that, 5 dozen donuts?
Anyway, 6 employees is generous and the hours are generous, so it's likely less than that.
It's probably equal to less than 1 hour of what he pays himself.
I cannot turn around and say "everybody's gonna make $15 an hour"
Ok, die bitch
Fuck this petty tyrant but doughnuts from a non chain place are soooo much better then fucking dunken or krispy kream
they suck balls charging $3 for those tiny bottles of starbucks or minute maid
