"Businesses are fundamentally profit-maximizing entities that understand that the marginal costs of increasing everyone’s minimum wage outweigh the marginal benefits of being altruistic and politically palatable. The only real option is to cut workers and replace them with technology that has a high marginal product of capital to increase the overall efficiency of the business while decreasing their reliance on human labor."

Cutting through the economicalistic bullshit and the sneer at human decency this defines am approach to business that should be illegal. "Profit maximization" is so desperately simpleminded.

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