Hacker News new | ask | show | jobs
by Semirhage 2923 days ago
People have no choice but to accept the economic conditions they face.

My whole point is that as I said, people don’t just accept, they riot and revolt. I agree with minimum wage laws, but not because of some hyper-extreme scenario in which San Franciscans are working and living like Brazilians in favelas. Frankly we shouldn’t need to resort to that kind of hyperbole to make the case for a living wage.

If you want to see what happens, even in traditionally poor places when people face a “fight or die impoverished” scenario, see Egypt, Tunisia, Libya. People were willing to face tanks and bombs with their bare hands because the alternative was to starve. I think you underestimate the potential belligerence of the average American if faced with a similar scenario.

The larger issue though is that riot, abject poverty, and revolt aren’t actually the foundation of a minimum wage. Fairness, and Econ 101 are, and there’s no need to get so far out there as to divert the debate away from present conditions to extreme hypotheticals.

1 comments

Yes, of course people would revolt, I fully agree.

Of course American citizens would revolt and demand non-market interventions, like minimum wage etc..

Without non-market interventions, they would be serfs, is my point.