Comment by SoftTalker
6 hours ago
That sounds nice but falls apart when customers have to actually pay for it.
The most workable solution we've found is for employers to compete for employees, and employees to work for a wage that's acceptable to them. If you pay more than that, a competitor who pays less will take all your business.
But that’s not really what happens either because the employees are fundamentally at a disadvantage and don’t have perfect information.
Employers will generally take whomever will accept the least, and when bills are coming due, employees will take any job for some wage, not the best wage.