HOW POVERTY SUBSIDIZES PROFITS

5.27.15 NYT, “Can We Finally Treat Food Workers Fairly.”

Important column on low paid workers. The key line, however, is, “If you run a business dependent on labor at the poverty level, it isn’t a viable business, from either a moral or a practical point of view.”

The ‘job of business’ is to provide a certain way of life. Profits are just a means to an end.