Benefits for Starbucks employees include 100% payment of college tuition and fees, health insurance, and surely other perks not mentioned here. Starbucks corporate and its shareholders pay a lot to acquire employees simply because low-paid workers are so incredibly expensive. With Starbucks in particular and the community qualities of its stores, constant turnover would erode what makes Starbucks, Starbucks.
Starbucks came to mind while reading Glenn Hubbard’s latest opinion piece asserting that economic populists “have a point.” This is Hubbard throwing a bone to populist conservatives who supposedly have a heart in ways so-called market fundamentalists don’t, and who Hubbard asserts “focus on people and places hard hit.” Such a statement implies that the profit motive sometimes leaves people behind, and national conservatism exists to protect those people. No thanks.
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