But could that same argument be used as a basis for lifting American workers out of poverty? “We Danes accept that a burger is expensive, but we also know that working conditions and wages are decent when we eat that burger,” said Soren Kaj Andersen, a University of Copenhagen professor who specializes in labor issues.”īob asks an interesting question: Is the notion of paying a higher wage – whether it’s $10 an hour, $15 an hour, or $20 an hour – a potential competitive advantage by a company touting what it does to lift domestic workers out of poverty? Many companies today use certifications and labeling to argue that they’re charging a higher price for coffee or tee shirts to benefit workers in Ethiopia or Bangledesh. But that is a price Danes are willing to pay.
HOW MUCH DOES THE DOUBLE BIG MAC COST MAC
True, a Big Mac here costs more - $5.60, compared with $4.80 in the United States. “In interviews, Danish employees of McDonald’s, Burger King and Starbucks said that even though Denmark had one of the world’s highest costs of living - about 30 percent higher than in the United States - their $20 wage made life affordable. Here’s the sentences that caught my eye in the NYT article: Today’s NYT has an article about how fast food restaurants like McDonald’s and Burger King pay $20 an hour – a living wage – in Denmark. DCs and plants have been automating for years to eliminate the number of higher paying jobs on the shop floor, and that ain’t going to change. Not to step into the match, but I write about warehouse and factory automation. Instead, he argues that we should encourage and support vocational education that will train workers for higher paying jobs. He uses the example of McDonald’s investigating automation technologies to replace workers in its restaurants.
Morici argues that we don’t need to raise the minimum wage for those jobs that pay minimum wage – that’ll only create more unemployment because companies with low wage jobs will just automate rather than pay the higher wage. “A friend sent me an email today with a link to a column by Peter Morici, a well-known conservative economist and writer (you see him on Xerox commercials wearing a bow tie) titled: Lift Vocational Education, not Minimum Wage, to Fight Inequality. Bob Trebilock, editor of the Supply Chain Management Review, sent me an interesting email today that poses an interesting set of questions.
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