'Murica! (151 Viewers)

[Fred]

Minimum wage is one of those things that do little good to the people its supposed to help(low skilled workers) but it helps the liberals and lefties of the world sleep better at night.

Its very simple, when the price for anything goes up , demand for it goes down, the market will not pay a higher price for anything including labor than what it values it at.

 

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[DAiDEViL]

the first part is simply not true.

often coming from ≈ 20 year old business students,
born into wealhty family and wearing lacoste polo shirts (collar up)

 

[Seven]

Minimum wage is one of those things that do little good to the people its supposed to help(low skilled workers) but it helps the liberals and lefties of the world sleep better at night.

Its very simple, when the price for anything goes up , demand for it goes down, the market will not pay a higher price for anything including labor than what it values it at.

I love your unbridled belief in a system that has been failing since 2008, if not sooner.

 

[Ocelot]

I love your unbridled belief in a system that has been failing since 2008, if not sooner.

Depends on what you'd describe as failing, but it has been working detrimentally to the advantage of the majority of people for two,three decades.

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I can see his point, but I think he's a bit too idealistic here. Yes, a job in fastfood is something a student should be doing. And paying a student 7-8 dollars an hour is okay. But we see adults who have to provide for families do this sort of job. Those people need a better wage. Either you give everyone minimum wage or you give these people benefits. Better yet, give them basic income.

Do not, however, expect people who are now only qualified to drive trucks or serve fastfood to retrain for higher skilled jobs. That's not feasible at all for a number of reasons.

As a society, work time reduction would be the optimum solution for all relatively low skilled jobs, but that is virtually impossible to achieve due to political reasons.

 

[Fred]

the first part is simply not true.

often coming from ≈ 20 year old business students,
born into wealhty family and wearing lacoste polo shirts (collar up)

What better way to make your point than an ad hominem attack, ey?

Not that it is relevant at all; but i dont come from a rich family at all, in fact my family probably lean more to the left than you do when it comes to socioeconomic ideology.

Typical of your kind though, anyone who disagrees with you on these issues must be rich and priveliged.

 

[Hængebøffer]

While the rest are stupid commies.
#dobbeltstandards

 

[Fred]

While the rest are stupid commies.
#dobbeltstandards

I never said that. I sometimes joke around with it, but i say all the time how ridiculous it is that people like Corbyn and Sanders are considered communists.

 

[Seven]

What better way to make your point than an ad hominem attack, ey?

Not that it is relevant at all; but i dont come from a rich family at all, in fact my family probably lean more to the left than you do when it comes to socioeconomic ideology.

Typical of your kind though, anyone who disagrees with you on these issues must be rich and priveliged.

Oddly, both sides use this reasoning to insult the other.

Also, people rarely vote in their own best interests.

 

[swag]

Right now it's cheaper to pay people to do it. And robots is not a good answer. At my job, most of the work is automated but there are still people who need to feed the machines, do hand packaging, put on labels, etc. Almost every factory is mostly automated but they still require people to do the entire job. Robots is not an answer.

And we are far from capable of letting robots drive trucks amongst the street with everyone else. What if they hit a pothole, or the tire blows out, etc

Dude, from my employer, they even have them flipping burgers now:
http://singularityhub.com/2014/08/10/burger-robot-poised-to-disrupt-fast-food-industry/

the first part is simply not true.

often coming from ≈ 20 year old business students,
born into wealhty family and wearing lacoste polo shirts (collar up)

You could argue that minimum wage keeps the poor surviving but held back from striving from anything more. The same discussions come up with Fair Trade coffee and whether that just creates an indentured class that would never do anything different.

 

[Seven]

Dude, from my employer, they even have them flipping burgers now:
http://singularityhub.com/2014/08/10/burger-robot-poised-to-disrupt-fast-food-industry/



You could argue that minimum wage keeps the poor surviving but held back from striving from anything more. The same discussions come up with Fair Trade coffee and whether that just creates an indentured class that would never do anything different.

I don't understand how people can be so completely unaware of robots and stuff like self driving cars..

 

[Maddy]

You could argue that minimum wage keeps the poor surviving but held back from striving from anything more. The same discussions come up with Fair Trade coffee and whether that just creates an indentured class that would never do anything different.

You could argue that way, but it's a nonsense argument.

Mobility is the highest among developed countries with strong Unions, high amount of tax paid velfare, relatively high minimum wages, relatively high unemployment benefits and so on.

There's not a 1:1 ratio between motivation and personal income, it's just one of many factors. Homo Economicus is a hoax.

 

[Hængebøffer]

It's not a hoax, but that way of thinking is way too dominant.

 

[Maddy]

It's not a hoax, but that way of thinking is way too dominant.

Hoax might be a strong word for the weakhearted. Call it a myth instead. Doesn't change the point; that we are Homo Sapiens not Homo Economicus, and that people and societies are human beings and cultures before we are consumers and economies.

 

[Hængebøffer]

Agree. When I talk about that way of thinking it's the bias towards individuality. Our politicians plays a big part of it.

 

[Fred]

Oddly, both sides use this reasoning to insult the other.

Also, people rarely vote in their own best interests.

Which reasoning are you referring to?

I agree with the second part.

 

[Seven]

Which reasoning are you referring to?

I agree with the second part.

The right will claim leftists don't know the real world, because they are rich. The left will claim the right are only serving their own interests because they are rich.

 

[Maddy]

Minimum wage is one of those things that do little good to the people its supposed to help(low skilled workers) but it helps the liberals and lefties of the world sleep better at night.

What better way to make your point than an ad hominem attack, ey?

 

[DAiDEViL]

Typical of your kind though, anyone who disagrees with you on these issues must be rich and priveliged.

eather this, or money is everythig let the people rot in the streets guys.

...and how is it typical for me? it is exactly the way you react whenever someone disagrees with you about football related things. you know it all. others know nothing.
when in fact others simply don't show off with their "football knowledge" as much as you do.

i used to vote for CDU btw. the leading conservative party in germany.
i am not a leftie at all, i just think people are more important than money. but thats just me.

 

[Red]

How many people?

How much money?

 

[DAiDEViL]

a lot.

a lot.