Ok, the US department of labor says that the studies they've reviewed indicate that increases to the minimum wage are not correlated with layoffs, so I was wrong about that. It also says that raising it is not in general bad for the economy. The idea that it may speed up inflation however is conspicuously absent from their list of common myths about the minimum wage
There's a billion excuses to lay off people, one of them has been the machinization of production, which isnt necesarrily a matter of cost-efficiency most of the time, but rather to break the power of unions and make factory workers/employeees a malleable mass that can be subdued.
How many cases are there where a working hand is replaced with a bot that requires a huge investment and it also requires specialized maintenance by a specially trained engineer that ends up costing more than the original working hand?
But im sure you are pre-rich, so does it even matter?
Wait, are you saying that raising the minimum wage will or won't lead to layoffs?
Also, mechanization is necessary for the eventual advent of a post-scarcity society. People get screwed over by it now, but that's because society hasn't caught up with the technology and the technology isn't yet quite to where it needs to be. It hurts people now, but in a rather short time on a historical timescale (still rather long subjectively though, as compared to a human lifespan, I'll admit) things will be better than they ever were. Eventually it will seem absurd to expect people to work because there will quite visibly be only a tiny handful of things that need doing. Change should hopefully cascade upwards once there's nobody left for managers to manage.
Also regardless of which side is winning the conflict between capitalists/management and workers/proletariat has the primary effect of screwing over the consumer. A plague on both their houses.
You are missing the entire point of my argument and reframing the discussion at your convenience with that question - the answer being "sometimes", employers and owners are such assholes that they would rather mechanize production at a higher expense to themselves
than to pay decent wages and rates to employees regardless of cost-efficiency
. Mechanize until your employees will work for crumbs, if they start organizing and complaining, repeat step 1.
Sure, change and technology should cascade upwards someday just like trickle-down economics work, right? RIGHT? OH WAIT.