4 ms·

minimum wage isn’t worth much. period. These regulations upon regulations, shitty policies and "governing" from socialists are killing the market and gotta sto

minimum wage isn’t worth much. period. These regulations upon regulations, shitty policies and "governing" from socialists are killing the market and gotta stop. It's dumb to interfere with the market and dictate how much your skills are worth. USSR as a reference? We know what financial top-down planning and dictatorship does to countries. Minimum wage should be abolished.

jfk13 7y ago
"The market" is not some all-powerful, benevolent force that will always achieve the best outcome for humanity or society as a whole. Markets are disproportionately controlled by the current holders of wealth (and therefore power), who will naturally tend to seek their own advantage at the expense of others. And so some kinds of regulation are often appropriate to protect the less powerful participants.
- throw0x1away 7y ago
  free market IS all-powerful. times change, technological progress moves forward, financial powers rise and fall, it's natural, it's evolution, a chaos controlled by the market (and not by the billionaires, it's not Russia). If you interfere, you are making things worse, delaying the inevitable, promoting dependence, killing individuality (or even progress).
  - SeanBoocock 7y ago
    The market is not some emergent natural phenomenon. It is a construct to facilitate human interaction. We already heavily circumscribe the “free market” and I don’t understand reactions to market failures that amount to “Well we can’t do anything about that”. Of course we can, it exists for us, not the other way around.
dfilppi 7y ago
The minimum wage merely sets the welfare level.
- throw0x1away 7y ago
  Welfare for able-body with able-mind individuals is another ridiculous socialist stunt that they pulled after WWII. “I eat, I shit, I deserve money.”
  - jfk13 7y ago
    I'm surprised you'd be in favor of welfare for anybody, actually. Why should we protect and support those with a disabled body or feeble mind? Let them freeze, let them starve. Individuals rise and fall. Natural selection is all-powerful. It's dumb to interfere. It's natural, it's evolution. I'm glad not everyone shares your particular morality.
    - UK-Al05 7y ago
      Minimum wages benefit people already in low paid jobs, at the expense of people who are struggling to get one.
    - throw0x1away 7y ago
      I completely agree with you that we effectively killed natural selection among humans. Natural selection is dead, and now guess what, we are going after artificial one, with UBI, welfare etc. Ridiculous, right? We reward stupidity, promote mediocracy, and teach dependency.

jfk13 7y ago

"The market" is not some all-powerful, benevolent force that will always achieve the best outcome for humanity or society as a whole. Markets are disproportionately controlled by the current holders of wealth (and therefore power), who will naturally tend to seek their own advantage at the expense of others. And so some kinds of regulation are often appropriate to protect the less powerful participants.

throw0x1away 7y ago
free market IS all-powerful. times change, technological progress moves forward, financial powers rise and fall, it's natural, it's evolution, a chaos controlled by the market (and not by the billionaires, it's not Russia). If you interfere, you are making things worse, delaying the inevitable, promoting dependence, killing individuality (or even progress).
- SeanBoocock 7y ago
  The market is not some emergent natural phenomenon. It is a construct to facilitate human interaction. We already heavily circumscribe the “free market” and I don’t understand reactions to market failures that amount to “Well we can’t do anything about that”. Of course we can, it exists for us, not the other way around.

dfilppi 7y ago

The minimum wage merely sets the welfare level.

throw0x1away 7y ago
Welfare for able-body with able-mind individuals is another ridiculous socialist stunt that they pulled after WWII. “I eat, I shit, I deserve money.”
- jfk13 7y ago
  I'm surprised you'd be in favor of welfare for anybody, actually. Why should we protect and support those with a disabled body or feeble mind? Let them freeze, let them starve. Individuals rise and fall. Natural selection is all-powerful. It's dumb to interfere. It's natural, it's evolution. I'm glad not everyone shares your particular morality.
  - UK-Al05 7y ago
    Minimum wages benefit people already in low paid jobs, at the expense of people who are struggling to get one.
  - throw0x1away 7y ago
    I completely agree with you that we effectively killed natural selection among humans. Natural selection is dead, and now guess what, we are going after artificial one, with UBI, welfare etc. Ridiculous, right? We reward stupidity, promote mediocracy, and teach dependency.