Quote:
Originally Posted by Cwocwoc
Capitalists business owners always try to minimise their labour costs. They don't care about the workers. That's why the manufacturing and other work has gone to countries where the labour is disorganised. They can get away with paying them peanuts. In the UK the factory owners used to exploit the workers horribly despite the fact that Britain had an Empire. Everything the workers owned was fashioned out of mud because that is all they could afford.
They try to maximize their profits, not minimize costs. Minimizing costs is one part. But if you can't hire anyone, you can't make much money.
As long as there is an employee being exploited, there is a competitor who would have an incentive to hire him away at a higher rate to increase his profits. But you sound like you subscribe to Anarcho-slavery, so any time someone is paid, it is exploitation.