Toronado3800
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- Nov 15, 2009
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- #21
The obvious fix is to get rid of the minimum wage altogether. Individuals should be free to set the the price for their labor.
Ideally yes.
But we don't live in that ideal world where socialism or capitalism really work in their pure form. Too much of a minimum wage and people get lazy. None and you have this race to the bottom and the power of money takes over.
So I argue about things in the middle.
This seems to be the history of how "high" the minimum wage is. Them peaks and valleys are stupid and just make busy work for politicians.
Minimum wage in the United States - Wikipedia
So what you are promoting is a corrupt distortion of natural market forces.
Capitalism and Socialism are not morally equivalent systems. The former is based on Freedom. The Latter is based on Authoritarian Slavery. Compromising by mixing the two doesn't improve natural markets. In reality, it just makes more poor people.
The last three centuries are what you get from Capitalism; the prior periods are what you get under authoritarian regimes.
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Sometimes I think on here we find battles where they are not necessary. I'm not advocating we return to a system where some king's whim makes right or whatever.
Are you arguing for lawless capitalism where the ability to pay folks makes might?
What you are advocating for is the socialist bureaucrat's whim, which is even worse than the king's. At least with a King, there is one throat to cut. Anonymous bureaucrats are never held accountable and do a great deal of damage.
What I'm advocating for is for our elected representatives or us to give some degree of automation to the system erstwhile a group of really pro minimum wage folks might be in office in a decade and really jack it up. Or the other way.