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> people who are happy to work for less I wonder where are these people. Do you know any? Would you be "happy" to work for less than minimum wage? > it create

> people who are happy to work for less I wonder where are these people. Do you know any? Would you be "happy" to work for less than minimum wage? > it creates an effect similar to communism Sure, gommunism is when minimum wage. Most of Europe is in fact gommunist today, while its bourgeoisie gets richer and richer by the year.

kimbernator 3y ago
In my experience, most minimum wage jobs are awful; tedious, boring, and often with a lot of physical exertion. Add to that the fact that you're unlikely to be treated with much respect by your supervisor or the public (if applicable). I'd wager that the number of people who are truly content doing this work as opposed to a higher-paying job is effectively zero. That is to say, a number of people so low that it is irrelevant.
npoc 3y ago
> I wonder where are these people. Do you know any? Would you be "happy" to work for less than minimum wage? I'd be very happy to work for less than the minimum wage if that's all my work was worth and the alternative was no job.. > Sure, gommunism is when minimum wage. Most of Europe is in fact gommunist today, while its bourgeoisie gets richer and richer by the year. The root cause of this wealth disparity is the fiat money printing. The value of the units of currency are halving every decade without people realising, so most people have been getting an annual real wage cut for the last 53 years only offset by consumables becoming less valuable through efficiencies of production. The prices of hard assets like real estate show the true extent of the currency debasement.
- LesZedCB 3y ago
  printing money obviously can't be the "root" cause because it's not an independent variable - it's the product of a social institution implementing policy which was decided on. so, who decided? why? to benefit whom? i suppose therein lies the root cause.
  - npoc 3y ago
    A policy decided on through a collusion between government and the private central banks, which benefits both of them and steals from the population through the Cantillon effect and the stealth real wage reduction. Workers are getting pay cuts while thinking they are getting pay rises, and they then blame the shops who have to ask for increasing numbers of the the devaluing units of currency in exchange for the same item.
- kimbernator 3y ago
  > I'd be very happy to work for less than the minimum wage if that's all my work was worth and the alternative was no job. Is this a scenario you feel you are qualified to answer for? Have you, as somebody with meaningful living expenses, ever been in a scenario like this? If not, I'm certain you do not have an accurate picture of what that would be like and what you would consider your options to be.

kimbernator 3y ago

In my experience, most minimum wage jobs are awful; tedious, boring, and often with a lot of physical exertion. Add to that the fact that you're unlikely to be treated with much respect by your supervisor or the public (if applicable). I'd wager that the number of people who are truly content doing this work as opposed to a higher-paying job is effectively zero. That is to say, a number of people so low that it is irrelevant.

npoc 3y ago

> I wonder where are these people. Do you know any? Would you be "happy" to work for less than minimum wage? I'd be very happy to work for less than the minimum wage if that's all my work was worth and the alternative was no job.. > Sure, gommunism is when minimum wage. Most of Europe is in fact gommunist today, while its bourgeoisie gets richer and richer by the year. The root cause of this wealth disparity is the fiat money printing. The value of the units of currency are halving every decade without people realising, so most people have been getting an annual real wage cut for the last 53 years only offset by consumables becoming less valuable through efficiencies of production. The prices of hard assets like real estate show the true extent of the currency debasement.

LesZedCB 3y ago
printing money obviously can't be the "root" cause because it's not an independent variable - it's the product of a social institution implementing policy which was decided on. so, who decided? why? to benefit whom? i suppose therein lies the root cause.
- npoc 3y ago
  A policy decided on through a collusion between government and the private central banks, which benefits both of them and steals from the population through the Cantillon effect and the stealth real wage reduction. Workers are getting pay cuts while thinking they are getting pay rises, and they then blame the shops who have to ask for increasing numbers of the the devaluing units of currency in exchange for the same item.
kimbernator 3y ago
> I'd be very happy to work for less than the minimum wage if that's all my work was worth and the alternative was no job. Is this a scenario you feel you are qualified to answer for? Have you, as somebody with meaningful living expenses, ever been in a scenario like this? If not, I'm certain you do not have an accurate picture of what that would be like and what you would consider your options to be.