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comment by mk
mk  ·  2065 days ago  ·  link  ·    ·  parent  ·  post: Some thoughts on minimum wage

    HELL NO. We draw a line as to what corporate behavior is permissible and dissolve corporations that cross the line. What you're asking is if we need corporations just this side of "too shitty to live." Nope.com.

Although I agree with the sentiment, I do wonder at which point does the medicine become worse than the disease? That is not to say that I don't think that some of Amazon's practices shouldn't be curtailed, but for every effort made, something is lost. Sometimes the cost is more bureaucracy for good corporations that don't need it, sometimes it the creation of infrastructure that devolves into legacy and then drag, and worse, sometimes it is an opportunity for special interests to weave their wishes into new legislation.

One nice thing about a minimum wage is the simplicity of it.

That being said, I'm not sure that shark is the proper term, or at least, I don't think the shark is the worst enemy. The leach is the worst. It's one thing to watch companies beat up on each other using their own resources, but when they are using the public's resources to fight each other, that's when it's really bad. Wallmart is a big leach. Amazon will make the transformation, but it's not as far along yet.





kleinbl00  ·  2065 days ago  ·  link  ·  

    I do wonder at which point does the medicine become worse than the disease?

Question of the century, ladies and gentlemen.

John Lewis Gaddis made the point in "The Cold War: A New History" that the 20th Century was nothing more than Capitalism squaring off against Socialism and the two extremes grinding each other to nubs while the successful, thriving societies tended to pick something on the spectrum in between.