You seem sincere in your commentary and from your post it appears you are in college so you are naturally coming at this from a theoretical/academic point of view. As someone on the other end of the spectrum (old and partially retired), I can only provide insight from the reality of how the actual business (private and corporate) world works.
When people have run a small business and needed the cash flow from that business to pay their employees, feed their family, and repay their business loans or have lead a private or public company that has gone bankrupt and had to lay off all of its employees and cancel orders from suppliers that crippled their business or lost a significant amount of their net worth in private/public investments, they can tell you that these issues are not theoretical. Risk, reward, and return on their personal investment as well as their investors' (institutional, private, etc.) capital is at the core of these decisions.
No business is going to increase its cost base, lower its cash flow, and generate a lower return for its investors intentionally. If a company (Disney or otherwise) felt that increasing the wages of their employees by 50% would generate a net return, they would do it. They obviously do not believe that paying the Small World attractions host 50% more will generate enough incremental return.
It is that simple. I know in today's society we like to attach motives, emotions, good guys/bad guys, etc. and talk about employees being part of the magic, most important resource, etc, etc. but decisions will always be made in the interest of those that are funding the business and are taking the risk of loss of that investment.
