"Living wages" can mean a lot of different things. Shared rent & Ramen noodles is all you need to "live." A bike maybe. You can get all that stuff for a thousand a month, easily. If that's all the effort you want to put in.
If you want more than that then you need to find different jobs & work your way up. It's def not a perfect system but it's better than being in a system where a wal mart greeter makes the same as a mechanic. No one would take the harder jobs in that system.
You’re paying for the difference regardless. When that person who is eating only ramen noodles and rides his bike gets sick and injured and can’t afford the hospital bill, guess whose picking up the tab? The taxpayers. When the ramen noodles isn’t cutting it, guess whose paying for food stamps. The tax payers
Walmart and McDonald’s are 2 of the largest employers with the most workers on government assistance. Meanwhile Walmart is making $100 billion in profit
But you’re more concerned about an honest working adult not making enough to live in his own apartment and have a decent meal, than you are with giant corporations raking in billions and paying less in taxes than you do
The average company in the 60s highest paid worker made about 10x as much as the lowest paid. Today it’s about 300x