A “fair wage” pizza shop in Boston touting “economic justice” will close its doors after failing to make a profit.
The Boston Globe reports that Dudley Dough, which is billed as a pizza parlor “with a purpose,” will close in a few months after two years in business because the shop could not make any money after paying its employees above-market wages.
“The challenge for Dudley Dough was to support itself,” said Bing Broderick, executive director of the nonprofit Haley House, which oversees the shop.
Note to the laid-off employees of Dudley Dough, there is no such thing as a “fair wage," there are market wages that is all.
This what happens when you attempt to overrule Mother Nature. It's like making pizza with plastic bags.
Its been said many times, the real minimum wage is zero. If they didn't know that before these folks are finding that out now.
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