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I spent two weeks delivering for Uber Eats and made $4.40 per hour

(www.breakit.se)
383 points imartin2k | 2 comments | 13 May 17 10:08 UTC | HN request time: 0.423s | source
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cousin_it ◴[13 May 17 11:42 UTC] No.14330454[source]▶
I don't understand the libertarian argument for allowing low wages. Let's say company X is paying low wages, which allows it to sell goods for cheap. If company Y tries to enter the market and pay higher wages, they won't get any market share, because their goods will be more expensive. So wages will stay low forever. Am I missing something?
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1. moxious ◴[13 May 17 11:49 UTC] No.14330472[source]▶
In theory, labor forces higher wages, they are not given by the business. What you're missing is that the power dynamic isn't one way with the company determining everything. Labor has to agree to accept low wages or the whole arrangement falls apart and either the company pays more or stops doing business.
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2. ◴[13 May 17 11:57 UTC] No.14330499[source]▶