Paying workers more doesn’t necessarily kill your profits, it often stimulates consumer demand and grows the overall market. Sure, it might not happen overnight, but that’s how a healthy economy works over time. Henry Ford, no socialist icon, famously understood that if he wanted people to buy his cars, his own workforce needed decent wages. It’s called the multiplier effect, more cash in the hands of consumers means more revenue potential for businesses, including yours.
Spare me the bullshit sob story about “stupid government policies” driving you out of business. If your entire business model rests on paying starvation wages, that’s a problem for both you and society. When wages are too low, we wind up with an underpaid populace that can’t buy homes, can’t invest in education, and can barely afford the necessities of life. That’s not a sustainable economy. In reality, capitalism is constantly “bailed out” by the public sector, through subsidies, tax breaks, or outright bailouts.
Most importantly, you’re not an island or living in a vacuum. Your company’s success depends on the broader community having enough disposable income to purchase what you’re selling. Treat your workforce like shit, and eventually, you’ll run out of customers who can actually afford your products or services. If that’s the hill you want to die on, fine do that, but don’t act shocked when your short-sighted stupid, sociopathic approach backfires. Paying a living wage and accepting a slight profit margin change isn’t “ignorance”; it’s long-term thinking that acknowledges we’re all interdependent in this economy.
You’re also conveniently ignoring the fact that in a 21st-century world of advanced automation, AI, and impending AGI, we don’t need capitalists soaking up all the profits for themselves. If machines can do the heavy lifting (and a lot of the brainwork, too), then what exactly do we need a handful of privileged, greedy capitalist assholes for? They’re nothing but worthless middlemen extracting wealth from the system. If businesses can run themselves with minimal human oversight, we could easily transition to a system where production is democratically managed and owned, by the American People (it's their commonwealth).