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Philorandroid | 6 months ago
More to the point, not every skill level or job is _worth_ that kind of compensation (as uncomfortable as it might be to entertain), and attempts to circumvent market forces by making lower wages illegal at some arbitrary point have substantially more damaging externalities than 'low wages' -- which are as much a system of slavery as gravity or magnetism, and just as resilient to ideation.
tossandthrow|6 months ago
This is a fair stance to take, but you need to accept the consequences of the stance when people get desperate.
> attempts to circumvent market forces by making lower wages illegal at some arbitrary point have substantially more damaging externalities than 'low wages'
A population of people who can not feed themselves are going to kill you on the street for the canned tuna you might have in your bag.
> Having lost a job suddenly, any employment is better than none.
While this is true for you it is not true for the society as a whole.
This entire comment seems be written with a complete disrespect for macro dynamics and taken right out of a hunter gather society.
It completely ignores everything modern governance - and it is quite frightening.
Philorandroid|6 months ago
> While this is true for you it is not true for the society as a whole...
Why isn't it? What about using the legal, practical market means at your disposal is exclusive to some privileged section of society, and why does it include me and nobody else in hard times?
Your 'rebuttal' is just a broad, dismissive gesture to theory and platitudinous insults.
Glyptodon|6 months ago
In general, though, it wouldn't matter what the minimum wage is if everyone had a sufficient level of general welfare without working...
Which goes to show that rather than minimum wage we ought to have a welbeing floor, perhaps with UBI, perhaps based on keeping key costs, like food, housing, healthcare, and education minimal.