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by babypuncher
1466 days ago
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I'm not saying that being unemployed is better than making an unlivable wage. I am saying both outcomes are unacceptable. And I am not advocating for any specific solution, just saying that the current system does not work. I don't believe in false dichotomies. Being unhappy with capitalism does not automatically make one a communist. |
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What is the alternative? You can't pay someone more than they earn in revenue and minimum wage laws create an artificial price floor that causes everyone who would otherwise earn between above zero and the minimum to instead make zero.
The idea of a "living wage" is an worthless notion that assumes that the distribution of income by age and experience is not the one from the real world. In the real world, the more experience you have, the more money you make. The majority of low earners are simply young or at an early point in their careers. To rob them of entry level jobs by setting artificial price floors is what's unethical. Let them get low wage jobs while they still live at home or have roommates or don't live downtown SF instead of dictating that the world should be one of magical bounty and abundance where everyone can somehow work for "high" wages without price inflation for everything else making them effectively poor.
Being unhappy with capitalism is being in denial about the world having scarce resources.