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b_b · 3683 days ago · link · · parent · post: Every 300-employee WalMart consumes between $900k and $1.2m in public benefits per year.
Even if Amazon made money, it really wouldn't be similar to what I'm talking about. Amazon is notoriously bad to its employees. Workers deserve a fair shake in the world. Costco, while certainly not perfect, at the very least treats its employees with dignity and fair pay. That's a start. And they do it while still making a ton of money, thus lending credence to the hypothesis put forth by some economists that raising retail workers' wages can be good for the bottom line. The fact that Wall Street sees their high pay as a negative is what's fucked. They see revenue being eaten as wages and nothing more. The analysis stops there, no matter how many words come after in the final report.