Min Wage Increase = Transfer of Money Away From Middle Class
Re: Min Wage Increase = Transfer of Money Away From Middle C
by Aaron » Mon Mar 18, 2013 6:35 pm
except for the small detail that most cooperatives ARE corporations
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Re: Min Wage Increase = Transfer of Money Away From Middle C
by spacemonkey » Mon Mar 18, 2013 6:40 pm
The hardest part of doing nothing is knowing when your done.
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Re: Min Wage Increase = Transfer of Money Away From Middle C
by Ben Huh » Mon Mar 18, 2013 6:46 pm
..."if the only thing keeping a person decent is the expectation of a divine reward, then brother, that person is a piece of shit."
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Re: Min Wage Increase = Transfer of Money Away From Middle C
by spacemonkey » Mon Mar 18, 2013 6:55 pm
If not for paying bills, buying food etc,most people would probably be ok. Enough and excess, we still ain't figured that out in our little finite world.
The hardest part of doing nothing is knowing when your done.
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Re: Min Wage Increase = Transfer of Money Away From Middle C
by spacemonkey » Mon Mar 18, 2013 7:28 pm
The hardest part of doing nothing is knowing when your done.
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Re: Min Wage Increase = Transfer of Money Away From Middle C
by Stratego » Mon Mar 18, 2013 9:48 pm
Sigmund Freud defined four parts of a psyche; the id, the ego, the superego and the stratego. The Stratego being the highest form of morality and scientific thinking.
If guns are not outlawed, the in-laws will have guns.
If guns are not outlawed, the in-laws will have guns.
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Re: Min Wage Increase = Transfer of Money Away From Middle C
by John Galt » Mon Mar 18, 2013 10:10 pm
how is that not marketplace minimum wage?
Americans learn only from catastrophe and not from experience. -- Theodore Roosevelt
My life has become a single, ongoing revelation that I haven’t been cynical enough.
My life has become a single, ongoing revelation that I haven’t been cynical enough.
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Re: Min Wage Increase = Transfer of Money Away From Middle C
by Kane » Mon Mar 18, 2013 10:18 pm
Because the very notion of a "minimum wage" implies that force/coercion is being used to grant that pay. You wouldn't call the lowest wage in a marketplace a "Marketplace minimum wage" because no force/coercion is used. There is no minimum that a set person has to earn. In your scenario the market has determined that the job in question is the least valuable but not that it is the "minimum wage." In an unregulated free market there is no "minimum wage."
This should be obvious.
This should be obvious.
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