qotd

Discord ID: 588205956039442452

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Maksim
2019-09-12 00:24:51 UTC

@Deleted User And then our workers would be underpaid as fuck

Deleted User
2019-09-12 00:24:53 UTC

That's literally fact

Maksim
2019-09-12 00:24:56 UTC

@Deleted User Wrong

Deleted User
2019-09-12 00:25:00 UTC

BRO

Deleted User
2019-09-12 00:25:04 UTC

let me draw you a graph rn

Maksim
2019-09-12 00:25:05 UTC

That's been proven wrong in New York City

Deleted User
2019-09-12 00:25:07 UTC

I will

Deleted User
2019-09-12 00:25:10 UTC

bruh
'' just pay your workers less than africans and the jobs will come back durr''

Maksim
2019-09-12 00:25:13 UTC

https://cdn.discordapp.com/attachments/588205956039442452/621501538480816138/1540696086172.png

Maksim
2019-09-12 00:25:15 UTC

@Deleted User

Deleted User
2019-09-12 00:25:20 UTC

I will draw you a supply and demand graph of this

Maksim
2019-09-12 00:25:22 UTC

https://cdn.discordapp.com/attachments/588205956039442452/621501573377425411/61313745_2261566927267592_4310774472161361920_n.jpg

Maksim
2019-09-12 00:25:26 UTC

@Deleted User explain this

Deleted User
2019-09-12 00:25:50 UTC

Stop changing the topic

Deleted User
2019-09-12 00:25:58 UTC

We're talking about why minimum wage is bad

Maksim
2019-09-12 00:25:58 UTC

I'm not changing it

Deleted User
2019-09-12 00:26:00 UTC

Not falling wages

DrRisen
2019-09-12 00:26:03 UTC

@Deleted User Checked out neocameralism. Seemed silly. You should give me you definition just to assure me Iโ€™m looking at the right thing.

Maksim
2019-09-12 00:26:03 UTC

This is wages

Deleted User
2019-09-12 00:26:04 UTC

Yes you are

Deleted User
2019-09-12 00:26:17 UTC

Hold on let me show you

Maksim
2019-09-12 00:26:21 UTC

We need minimum wage go match inflation and buying power

Maksim
2019-09-12 00:26:33 UTC

Any corporations that outsource should be Nationalized

Deleted User
2019-09-12 00:26:43 UTC

Minimum wage CAUSES inflation

Deleted User
2019-09-12 00:26:49 UTC

It raises the prices of goods

Maksim
2019-09-12 00:26:49 UTC

Wrong

Maksim
2019-09-12 00:26:52 UTC

Corporations cause it

Maksim
2019-09-12 00:26:57 UTC

Because they raise prices

Maksim
2019-09-12 00:26:58 UTC

Unfairly

Deleted User
2019-09-12 00:26:59 UTC

Hold on

Deleted User
2019-09-12 00:27:02 UTC

One second

Deleted User
2019-09-12 00:27:04 UTC

Let me show you

Deleted User
2019-09-12 00:27:07 UTC

Graphically

Maksim
2019-09-12 00:27:20 UTC

https://cdn.discordapp.com/attachments/588205956039442452/621502069777629205/PicsArt_08-16-09.25.36.jpg

Maksim
2019-09-12 00:27:28 UTC

Corporations artificially increased prices

Deleted User
2019-09-12 00:27:31 UTC

why cant we just fix the price @Deleted User

Maksim
2019-09-12 00:27:32 UTC

Corporations artificially increased prices

Maksim
2019-09-12 00:27:34 UTC

Corporations artificially increased prices

Maksim
2019-09-12 00:27:35 UTC

Corporations artificially increased prices

Maksim
2019-09-12 00:27:37 UTC

Corporations artificially increased prices

Maksim
2019-09-12 00:27:38 UTC

Corporations artificially increased prices

Deleted User
2019-09-12 00:28:07 UTC

Dark enlightenment vs Nazbol

Deleted User
2019-09-12 00:28:13 UTC

round 1

Deleted User
2019-09-12 00:28:18 UTC

FIGHT!

Maksim
2019-09-12 00:28:22 UTC

Match minimum wage to inflation and purchasing power - any corporation that raises prices beyond matching buying power should be Nationalized

Deleted User
2019-09-12 00:28:38 UTC

https://cdn.discordapp.com/attachments/588205956039442452/621502396966764544/image0.jpg

Deleted User
2019-09-12 00:28:40 UTC

Okay

Maksim
2019-09-12 00:28:51 UTC

@Deleted User I know supply demand retard

Deleted User
2019-09-12 00:28:54 UTC

So minimum wage is an economics concept called a price floor

Deleted User
2019-09-12 00:28:58 UTC

Obviously you don't

Deleted User
2019-09-12 00:29:08 UTC

this nibba busting out the pencil

Maksim
2019-09-12 00:29:10 UTC

I'm in economics III

Maksim
2019-09-12 00:29:16 UTC

I think I know *something*

Deleted User
2019-09-12 00:29:16 UTC

Because over 80% of economists agree that a higher minimum wage is bad

Deleted User
2019-09-12 00:29:25 UTC

Lmao

Deleted User
2019-09-12 00:29:30 UTC

Again

Deleted User
2019-09-12 00:29:35 UTC

Minimum wage is a price floor

Deleted User
2019-09-12 00:29:41 UTC

The deadweight loss

Maksim
2019-09-12 00:29:43 UTC

@Deleted User Modern economics assums all economics is data based

Maksim
2019-09-12 00:29:46 UTC

This is false

Maksim
2019-09-12 00:29:51 UTC

Economics is not a field of science

Deleted User
2019-09-12 00:29:56 UTC

That's not the fundamental assumption of economics bud

Maksim
2019-09-12 00:29:57 UTC

It is a Philosophical field

Deleted User
2019-09-12 00:30:12 UTC

Again that's positive vs normative

Maksim
2019-09-12 00:30:26 UTC

https://cdn.discordapp.com/attachments/588205956039442452/621502851872718869/PicsArt_08-16-09.25.36.jpg

Maksim
2019-09-12 00:30:29 UTC

Explain

Deleted User
2019-09-12 00:30:41 UTC

Can I finish explaining my graph please?

Maksim
2019-09-12 00:30:44 UTC

No

Maksim
2019-09-12 00:30:46 UTC

Explain

Deleted User
2019-09-12 00:30:51 UTC

Okay then I see no reason to continue

Deleted User
2019-09-12 00:30:55 UTC

If you do not let me talk

Deleted User
2019-09-12 00:31:01 UTC

I can't have a discussion with you

Maksim
2019-09-12 00:31:01 UTC

Nazbol gang wins again

Deleted User
2019-09-12 00:31:05 UTC

Lmao

Maksim
2019-09-12 00:31:16 UTC

@Deleted Usercontinue

Deleted User
2019-09-12 00:31:23 UTC

OH WOW GUYS I SHOWED ONE PICTURE OF A FALSE THEORY AND RAPED A RETARD ONLINE

Deleted User
2019-09-12 00:31:25 UTC

HEEEEEEE

Deleted User
2019-09-12 00:31:38 UTC

IM SO COOL

Maksim
2019-09-12 00:31:50 UTC

https://cdn.discordapp.com/attachments/588205956039442452/621503202080325662/PicsArt_08-16-09.25.36.jpg

Maksim
2019-09-12 00:31:52 UTC

Explain

Deleted User
2019-09-12 00:31:54 UTC

go read your economics textbook

Maksim
2019-09-12 00:32:03 UTC

I'm in my 3rd year of economics

Maksim
2019-09-12 00:32:06 UTC

I have

Deleted User
2019-09-12 00:32:16 UTC

Look at the section on price floors

Deleted User
2019-09-12 00:32:36 UTC

Also

Deleted User
2019-09-12 00:32:39 UTC

I can explain

Maksim
2019-09-12 00:32:41 UTC

I don't think you realize it's possible that corporations can artificially create higher prices and lower wages

Deleted User
2019-09-12 00:32:43 UTC

^ poverty

Deleted User
2019-09-12 00:32:55 UTC

Poverty has increased in the US

Deleted User
2019-09-12 00:33:09 UTC

since '77

Maksim
2019-09-12 00:33:18 UTC

I don't think you even realize that corporations can be greedy

Deleted User
2019-09-12 00:33:25 UTC

Ofc they can lmao

Deleted User
2019-09-12 00:33:29 UTC

Everyone can be greedy

Deleted User
2019-09-12 00:33:32 UTC

Every IS greedy

Deleted User
2019-09-12 00:33:39 UTC

Corporations are just like people

Maksim
2019-09-12 00:33:42 UTC

Capitalism is far from some perfect Utopian economic system

Deleted User
2019-09-12 00:33:45 UTC

They're rational actors

Maksim
2019-09-12 00:34:07 UTC

Capitalism is anti-nation

Maksim
2019-09-12 00:34:17 UTC

Open borders means more money for them

Deleted User
2019-09-12 00:34:20 UTC

Deterritorialization

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