And the money will fall off the money tree?A socialist would advocate for low wages for all. I'm the opposite. I like seeing workers get ahead. Low wages do nobody a dang bit of good.
And how will people pay for the inflated goods?
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And the money will fall off the money tree?A socialist would advocate for low wages for all. I'm the opposite. I like seeing workers get ahead. Low wages do nobody a dang bit of good.
A higher wages means more money to invest for retirement. Also more $$ into social security. That pesky SS, the program some call a ponzi scheme , etc.And the money will fall off the money tree?
And how will people pay for the inflated goods?
A higher wage for low-skilled jobs means businesses will just raise prices on consumers, creating a vicious cycle.A higher wages means more money to invest for retirement. Also more $$ into social security. That pesky SS, the program some call a ponzi scheme , etc.
To a small degree yes. Perhaps we don't need people doing those jobs. Leave them unfilled or better yet simply don't hire those jobs out.A higher wage for low-skilled jobs means businesses will just raise prices on consumers, creating a vicious
No, then those people would just go on welfare. It’s better if they work.To a small degree yes. Perhaps we don't need people doing those jobs. Leave them unfilled or better yet simply don't hire those jobs out.
I can agree as long as they get some assistance if below 40 grandNo, then those people would just go on welfare. It’s better if they work.
What about retirees with an average income of $24,000? The $40k worker can better his earnings potential through career or job training, but retirees cannot.I can agree as long as they get some assistance if below 40 grand
Why would you assume that? We're for capitalist employers (i.e. exploiters) paying higher wages. In the long-run higher wages benefit everyone, including employers. Who walks into their stores and purchases their products? Aliens from outer space? It's the working class. The more workers earn, the more they spend on the goods and services the capitalists are selling. Again, in the long run, paying workers well grows one's business. It stimulates the economy.A socialist would advocate for low wages for all. I'm the opposite. I like seeing workers get ahead. Low wages do nobody a dang bit of good.
But does nothing to benefit the bottom line. Businesses exist for one purpose only. Profit! Nothing more, nothing less.Why would you assume that? We're for capitalist employers (i.e. exploiters) paying higher wages. In the long-run higher wages benefit everyone, including employers. Who walks into their stores and purchases their products? Aliens from outer space? It's the working class. The more workers earn, the more they spend on the goods and services the capitalists are selling. Again, in the long run, paying workers well grows one's business. It stimulates the economy.
In the long run, as I already said, it increases profits by stimulating the economy. However, businesses under our current form of neoliberal capitalism, need to readjust their priorities or "bottom line" to include providing jobs to the community that pay a living wage. There's no business or market if the working class is destitute. The working class is the market.But does nothing to benefit the bottom line. Businesses exist for one purpose only. Profit! Nothing more, nothing less.
Yup. And they'll blame it on liberals. And dumb ass American voters will vote for them. So fuck it.These figures will get much worse in the near future, as advanced automation and AGI replace human labor. Our transition from capitalism to techno-feudalism under the heel of billionaires like Elon Musk and Jeff Bezos, is going to create even more welfare recipients, living in poverty (scarcity).
In the long run, as I already said, it increases profits by stimulating the economy. However, businesses under our current form of neoliberal capitalism, need to readjust their priorities or "bottom line" to include providing jobs to the community that pay a living wage. There's no business or market if the working class is destitute. The working class is the market.
Socialists see employees as slaves, and they want to make the owners take good care of their slaves.Businesses should pay their own employees more so that their own employees buy
more of what they produce?
Damn.... if I worked for someone like that I'd quit.Most businesses do not see their most productive employees as valuable but view them as subhuman.
You do realize that is exactly the opposite of what that means. They do not contribute and do not get extra benefits for no contributions. These people are not getting paid for the contributions they made. The penalty was applied to what they would have been paid.I suppose you think the billionaires are paid according to their contributions.
That's obviously the way he works!Damn.... if I worked for someone like that I'd quit.
All of that will be offset by companies increasing prices to pay for the increased labor cost. Seen the prices at McDonald's or any other fast-food restaurant lately?A higher wages means more money to invest for retirement. Also more $$ into social security. That pesky SS, the program some call a ponzi scheme , etc.
No, we don't touch that food. It's toxic.All of that will be offset by companies increasing prices to pay for the increased labor cost. Seen the prices at McDonald's or any other fast-food restaurant lately?
It’s a meeting open to the public. Why do you oppose freedom of speech? Are you a Fascist?You do realize that is exactly the opposite of what that means. They do not contribute and do not get extra benefits for no contributions. These people are not getting paid for the contributions they made. The penalty was applied to what they would have been paid.
You are so mentally inept to bot be able to figure that out for yourself?