The truth is, if a company’s survival depends on keeping wages in the gutter while everything else rises, then we’re not just talking about short-term problems.
This isn’t about whether the company can turn a profit in the next quarter; it’s about whether the entire system is built to last. If businesses are forced to play this game, then we need to ask the real question: is this the kind of economy we want to keep running? A model where we treat labor like a cost to be minimized at any cost how does that end? Spoiler alert: It doesn’t end well.
You can keep wages low to keep businesses afloat, but at what cost to the broader economy? Is that really the solution we’re after running businesses into the ground and sacrificing worker dignity to keep the wheels turning?
That’s not a sustainable model; that’s a race to the bottom. And let’s be honest, if businesses are backed into a corner like this, that’s a clear sign that we need a new playbook. One that finds a way to balance profitability with fairness. Not this broken model that forces companies to either screw their employees or fold.
And let’s talk about unemployment for a second. If businesses are constantly squeezed and can’t pay decent wages, then you’re not just talking about failing businesses you’re talking about an entire workforce stuck in low-wage, insecure jobs. How does that look for society?
A workforce that’s stuck, struggling to make ends meet while the whole system comes crashing down.