May 21, 2015

...AND CHEAPER...:

Will US fast food workers fight for $15 backfire? (Deutsche-Welle, 5/21/15)

The problem is that in the high-tech, globalized world of the 21st century, businesses have greater leverage over workers due to the double threat of outsourcing and automation.

"We already have lost a lot of jobs to off-shoring and to new, sophisticated capital equipment that replaces unskilled workers," Lee Ohanian, an economist at the University of California Los Angeles, told DW via email.

"It probably won't be long before McDonald's has an app that allows you to touch an icon on your smart phone, order a happy meal for your kid, pay for it, and then go pick it up," he said. "Call this the 'Uber app' for fast food restaurants."

Posted by at May 21, 2015 8:56 PM
  

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