Message from @Cody
Discord ID: 514343296642842634
of course, social programs alleviated the need to work
If you want to hand someone money, you can do so, but a market distortion is simply that: a distortion.
And your not wrong undead
the 60-70s added a lot of incentives to not work, where the 40s had you need to work to eat
I can agree that your right
My problem with minimum wage is that, genereally speaking, if you set a bar, people will rise exactly to the level of that bar
But just becuase your right about that does not mean we should lose the minimum wage
If you go to get a brand new job right now, changes are they will offer you exactly minimum wage
large spikes in social program spending also coincides with large spikes in unemployment
The minimum wage has inflated our dollar to a point where without it, we would be screwed
We would all starve
I think that is hyperbolic
Actually he has a point
Also, if a low pay means that someone is exploiting someone else, wouldn't that mean that everybody could be the "exploiter"?
And if everybody is "the exploiter" who is exploiting whom?
There is no exploitation. The wages simply reflect the relative value of the job in the given market.
Society will crumble at its knees
The whole talk of "exploitation" is infantile nonsense.
Mass rioting, murder
low negoiated pay is the workers fault, low average sector pay is social engineering
Huh?
Starvation
No, if labor is cheap, that means that YOU can also employ someone cheaply.
and using social engineering to artifically deflate wages is exploitation
I think he is just being hyperbolic at this point
Why would that lead to starvation?
Yeah but employing cheaply is not selling cheaply
If labor was cheap, and you needed someone for the harvest, that would also mean that YOU can employ someone cheaply.
Food would be the same
No one could buy
We would die
In fact, one factor in raising the cost of labor is that employers tend to hire fewer people and automate more.
in fact, diluting the job market is the entire reason for the left's so called diversity desire
With a lower cost of labor, they tend to provide more services. And who do those services go to? Other people.
So the value produced by a falling cost of labor does not simply "evaporate"
if they force women to take tech sector jobs, they double their labor pool.. and reduce their cost of labor
It dosn't simply disappear. It stays in the economy.
There is no such dynamic is "exploiter" and "exploited" in a free market.
Except we would see way to many problems before it corrects itself
If two peopel engage in a trade, it is because it is beneficial to both.