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‘Pure greed:’ Etiquette expert explains why tipping has gotten out of control
(www.clickorlando.com)
this post was submitted on 12 Nov 2023
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Right, it's a hidden cost. That's what people don't like. There's a real discussion to have, but at least have that discussion.
If people are pursuing those jobs because they make more because of tipping (which is definitely happening, and why it is spreading) then the market for labor is saying pay us more. To pay them more, you need to charge more. This is where people like to pretend you can just take money from the rich owner and boom you don't need to raise prices. This math never works.
Thus, their argument is based on being bad at math. The price is the price, and we just aren't being honest with ourselves about it. If we value laborers, and advocate for them, we should be honest about our willingness to pay the price of their labor.
Have the discussion be about that - do we want the price fixed and up-front or variable and based on societal pressure, essentially? Is guilt preferable to higher pricing?
Like I said, a discussion worth having, but it's never the one people have.
I disagree, the math you mentioned that "never works" can work, if put into practice. The greedy bourgeoisie could absolutely stand to lose a few bucks in profit to give that money to the bottom line. Sure, they miss out on another yacht, but their bottom line workers get to have a decent standard of living. What is the math that never works? Please explain in detail.
Sure. Take every penny the CEO of GM makes. Divide it by GM employees. You have less money than they got in raises due to the strike.
Prices will go up instead.
7 Billion divided by 4.5 is right around 1.55 billion dollars. $29 million is significantly closer to $0 than it is to $1.55 billion. Strip all of the pay from every senior leader and you're still nowhere close.
https://www.reuters.com/business/autos-transportation/gm-reaches-tentative-deal-with-uaw-source-says-2023-10-30/
So no, the math doesn't work.
Instead of the CEO and other upper management, try stock buybacks and dividends, which enrich the actual owners. GM spent $21 billion on stock buybacks in the past 12 years, and around $18 billion in stock dividends. That averages to over $3 billion a year, which is over twice the worker raise from the strike — and a lot of that raise is going toward correcting the 19.3% pay cut they took after 2008.
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How about the CEO, upper management, and stock buybacks? If all of those aforementioned are contributing to directing value created by the workers away from those who generate it, and those who generate the wealth are struggling to live, then that wealth needs to be refocused back to the workers.
well yeah, fuck the CEO and upper management. This was my response to /u/SCB telling you there's no wealth to redistribute. I tagged you so you would also see it.
Ah word, I appreciate it. Their name is familiar to me so I'm pretty sure they're a troll.