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by mschuster91
804 days ago
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> In modern societies the working man seems to get at least some benefit from productivity gains that don't come directly from him working harder. And even if you do believe Marx, note the caveat about "without state intervention". The modern state has many tools to intervene and is not afraid to use them: taxes, minimum wage laws, mandating bullshit jobs. That may have been the case 30, 40 years ago in the US. In reality, the minimum wage in almost the entire US (unchanged since 2009, to add!) is not enough to afford to have a family [1]. Companies and the ultra rich aren't taxed shit - when you have people like Warren Buffett calling to tax him and his ilk more [2], it's obvious that the situation is clearly out of control. [1] https://www.investopedia.com/terms/l/living_wage.asp [2] https://www.reuters.com/article/idUSBRE8AP0LZ/ |
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If you raised a minimum wage to that level, you would eliminate a lot of low-level jobs completely, and leave people who don't aspire or need this non-trivial level of achievement without jobs.