this post was submitted on 30 Jul 2023
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Mildly Infuriating
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Or, maybe, the owners of the restaurant make slightly less profit and pay their employees a living wage.
There are a small number of restaurants across the US that actually do pay their servers and other employees reasonable hourly rates, and make it clear to patrons that they don’t accept tips. Prices are still reasonable and customers do continue coming back.
And maybe landlord start handing over deeds to the people paying their mortgages. But we're operating in reality and need to consider things that might happen.
If companies eat the cost of pay increases how will the executives afford that new yacht they've been eyeing?
I know it sounds really easy to get all huffy and self-righteous, but 60% of restaurants do not make it past the first year, and 80% go under in five years.
It's hard out there. If the place isn't making money, everyone loses their job.
Yeah, but then it shouldn't really exist as a business in the first place according to the rules of capitalism, should it?
You're not wrong, but my point is that we're dealing with laws of math here. You can't just go "Just accept less profit" when the majority don't make enough profit to survive. That money has to come from somewhere.
My mom ran a couple restaurants at different times in her life. She's a high school drop-out who has never had a great job so it isn't like she's some high class capitalist. Both restaurants failed within a year or two, and she came out each time quite a bit worse than she went in. The company in charge of the building locked the doors and kept all her stuff in lieu of rent. It's pretty brutal. She lost all the money she put into it well beyond any money she might have made on the business itself, and she went into debt each time as a result of the failing business as well.
Okay? Good.