Message from @Eno_

Discord ID: 554262512175153152


2019-03-10 11:13:28 UTC  

I highly doubt full automation will happen.

2019-03-10 11:13:36 UTC  

if you read my message i am arguing for why it isn't a problem

2019-03-10 11:13:58 UTC  

the idea of capitalism that lifts all boats

2019-03-10 11:14:48 UTC  

o

2019-03-10 11:14:54 UTC  

yeah, but people have the wole idea wrong

2019-03-10 11:14:57 UTC  

capitalism produces technology, that technology improves our lives, that's wealth

2019-03-10 11:15:05 UTC  

Capitalism isn't meant to let rise

2019-03-10 11:15:09 UTC  

it's supposed to make them fall

2019-03-10 11:15:31 UTC  

hmm?

2019-03-10 11:15:32 UTC  

in nominal terms

2019-03-10 11:15:38 UTC  

They're supposed to rise in *real terms*

2019-03-10 11:15:47 UTC  

despite nominal wages rising, if prices fall etc real wages will rise

2019-03-10 11:15:58 UTC  

which is what Capitalism is about

2019-03-10 11:16:25 UTC  

right. if a widget is cheaper to produce thanks to improvements in technology

2019-03-10 11:16:46 UTC  

Yeah

2019-03-10 11:16:55 UTC  

i think smartphones are a great example, computers in general

2019-03-10 11:16:58 UTC  

Increasing in supply, a higher purchasing power of the dollar.

2019-03-10 11:16:58 UTC  

Mhm

2019-03-10 11:17:00 UTC  

deflation is good

2019-03-10 11:19:29 UTC  

i think this is an argument for not increasing the minimum wage

2019-03-10 11:21:20 UTC  

the worth of human labor will perhaps go down but we want to give people a chance to sell their labor, so they can earn at least something

2019-03-10 11:22:07 UTC  

if deflation is happening. having $100 from your cheap job is better than having $0 from no job.

2019-03-10 11:24:11 UTC  

if you increase minimum wage, you will increase the rate of automation, you will accelerate the communist dyst/ut/opia

2019-03-10 11:25:43 UTC  

alternatively, we should let the market figure out the new types of labor that come about from the new technology, at whatever their worth, and not interfere with minimum wage as it may well be less than that

2019-03-10 11:26:12 UTC  

the more we interfere in the economy, the more *we need to interfere*, look at venezeula

2019-03-10 11:26:23 UTC  

and its a downward spiral

2019-03-10 11:26:53 UTC  

one measure causes problems so introduce new measures to fix the problems etc. everything goes to shit

2019-03-10 11:30:28 UTC  

Yeah minimum wage is bad

2019-03-10 11:32:19 UTC  

i'm arguing for not touching what we have. i wonder would happen if we just removed it though.

2019-03-10 11:33:14 UTC  

if it ain't broke though... idk

2019-03-10 11:33:48 UTC  

maybe we'd see deflation?

2019-03-10 11:39:18 UTC  

think of it... all these homeless ppl begging for money, if there was no minimum wage, someone might at least give them a job sweeping the street or some very low paying job which would be an improvement to their state now

2019-03-10 11:39:46 UTC  

but as of now they are difficult to employ

2019-03-10 11:41:08 UTC  

having non-zero is a hell of a lot better than having zero

2019-03-10 11:48:23 UTC  

i think the toughest candidate dems could pick is yang

2019-03-10 11:48:56 UTC  

he's the only one not talking about identitarianism race/gender stuff

2019-03-10 11:49:24 UTC  

Yeah deflation is good

2019-03-10 11:50:13 UTC  

he's almost like bernie was in 2016 before he fell into the left identitarian narrative

2019-03-10 11:50:31 UTC  

or in 2015 idk

2019-03-10 11:51:47 UTC  

a trump vs. yang debate

2019-03-10 11:53:44 UTC  

i don't think that he will be picked though.