That's a hell of a way to do business in the real world but I guess it works in Never Never Land. No offense Tony, but you have spoken like a true Micheal Moore economic crackpot. Yes, of course greed is involved in the pursuit of profit, but thier is also fear of losses. Your making a standard liberal falacious notion to think that there will be an increase in total revenue for the company if that company pays more than what is necessary to an employee, so that employee will spend it on other companies and therefore the money will eventually come back to the employer from other companies that do the same thing. It would be more likely that the company would go out of business and then thier would be NO income for those now unemployed people to spend.
No offense taken and Indeed my friend, however...I seriously doubt a company raising their wages for a portion of their employees by less than 50 cents an hour is going to cause a business to go under.
Again show me a business that runs on that thin a margin and Ill show you a business thats going to go under when the wind changes direction.
Im not saying it will work only that it could work, and if you deny that it could work youre being dishonest.
Again Im not saying that it would work but A saavy company in the right position could easily pull it off.
Yes it goes against conventional thinking and in the face of our atlas friends views but that doesnt mean it wouldnt work.
You cant paint each business with the same brush just like you cant paint each economy with the same brush.
Yes certain principles work better than others but b/c economics whether you want to except it or not is based on human nature different cultures will thrive/struggle given different economic scenarios.
