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increase min wage


Captain_Vietnam
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And replace it with what? How will people assign value to goods and services? Barter doesn't work for complex modern economies, so what else?

It will be government allocation and taxation of resources. It will be distributed based on needs and how hard you work.
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With 7.5 billion people it is impossible to implement

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It will be government allocation and taxation of resources. It will be distributed based on needs and how hard you work.

And how do you define "hard work", what might be hard work to one person isn't hard work to another, how do you set up that? How do you define needs as well? Also, who's running this? Can you go into more detail and analyis about how your utopia will work?

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And how do you define "hard work", what might be hard work to one person isn't hard work to another, how do you set up that? How do you define needs as well? Also, who's running this? Can you go into more detail and analyis about how your utopia will work?

Hard work is putting 38 hours of work. Or doesn't matter what job you do, you do 38 hours of work, you get a house, food, and electricity. Needs are generally based off of what type of work, body size, and preferences. This will deal with food and clothing primarily. This is run my a moral leader who knows what to do, how to do it, and how not to mess it up. Or is emphasized that everybody is needed because everybody is interdependent.
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And how do you define "hard work", what might be hard work to one person isn't hard work to another, how do you set up that? How do you define needs as well? Also, who's running this? Can you go into more detail and analyis about how your utopia will work?

He's giving the Marxist Distributive Justice. It's a simple concept of, "From each according to his ability, to each according to his need."

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Hard work is putting 38 hours of work. Or doesn't matter what job you do, you do 38 hours of work, you get a house, food, and electricity. Needs are generally based off of what type of work, body size, and preferences. This will deal with food and clothing primarily. This is run my a moral leader who knows what to do, how to do it, and how not to mess it up. Or is emphasized that everybody is needed because everybody is interdependent.

So amount of time in what matters rather then the quality of the work? You've just stated a big problem with your theory there, there's no motivation to work in your utopia fully other then ethic. Also, how do you know who's a "Moral Leader", how do you know he won't really mess up once he's in charge? Also, he might be moral, but being moral doesn't equal being compitent nor does it equal intelligence, he can still screw up.

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So amount of time in what matters rather then the quality of the work? You've just stated a big problem with your theory there, there's no motivation to work in your utopia fully other then ethic. Also, how do you know who's a "Moral Leader", how do you know he won't really mess up once he's in charge? Also, he might be moral, but being moral doesn't equal being compitent nor does it equal intelligence, he can still screw up.

The people determine if the leader is good. Of not there will be another revolution, through democracy if they cooperate or arms if they don't. The motivation is if you don't work, you don't live or get anything. You rot. Ä°f you are disabled physically, you can not work with physical jobs, but you could be a teacher. And mentally, they will be placed in a mental hospital for help. I missed a word. 38 quality hours. If someone does horrible for an hour by slacking off, it doesn't count. Managers will determine that. The only extreme issue I could see is corruption, and if someone doesn't work and has a corrupted friend who is a manager to help and let him go free, the system will collapse. In the end, people who do their job will be successful, if everybody else does their job too.
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So the small businesses will be required to pay $15 an hour when the majority of small business owners can barely afford to pay their own taxes. Good job on demanding the increase on wages but the creation of an employment bubble, America! Also, enjoy the increased costs on trades and goods, comrades!

Edited by VasiliusKonstantinos
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So the small businesses will be required to pay $15 an hour when the majority of small business owners can barely afford to pay their own taxes. Good job on demanding the increase on wages but the creation of an employment bubble, America! Also, enjoy the increased costs on trades and goods, comrades!

Nailed it.

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So the small businesses will be required to pay $15 an hour when the majority of small business owners can barely afford to pay their own taxes. Good job on demanding the increase on wages but the creation of an employment bubble, America! Also, enjoy the increased costs on trades and goods, comrades!

Just out of interest, what do you make of Australia for example? Minimum wage is a little over $17 dollars, but has an almost similar unemployment rate to the USA (whilst having over double the Min. Wage)

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So the small businesses will be required to pay $15 an hour when the majority of small business owners can barely afford to pay their own taxes. Good job on demanding the increase on wages but the creation of an employment bubble, America! Also, enjoy the increased costs on trades and goods, comrades!

Just out of interest, what do you make of Australia for example? Minimum wage is a little over $17 dollars, but has an almost similar unemployment rate to the USA (whilst having over double the Min. Wage)

 

You are comparing two differing Economic demands from the Local, County, State, Provincial and Federal governments to answer to. The two platforms are not comparable.

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So the small businesses will be required to pay $15 an hour when the majority of small business owners can barely afford to pay their own taxes. Good job on demanding the increase on wages but the creation of an employment bubble, America! Also, enjoy the increased costs on trades and goods, comrades!

Just out of interest, what do you make of Australia for example? Minimum wage is a little over $17 dollars, but has an almost similar unemployment rate to the USA (whilst having over double the Min. Wage)

 

Apples to oranges. Many differences.

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A $15m min. wage just means you'll just see price inflation. 

 

People shouldn't work any job they can't live on.  If no one will work a job due to terrible pay, the employer will have no options but to raise the hourly wage.

 

When the government gets involved, business always gets screwed up and creates bigger problems.

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A $15m min. wage just means you'll just see price inflation. 

 

People shouldn't work any job they can't live on.  If no one will work a job due to terrible pay, the employer will have no options but to raise the hourly wage.

 

When the government gets involved, business always gets screwed up and creates bigger problems.

It's a simple rule of supply and demand.

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A $15m min. wage just means you'll just see price inflation. 

 

People shouldn't work any job they can't live on.  If no one will work a job due to terrible pay, the employer will have no options but to raise the hourly wage.

 

When the government gets involved, business always gets screwed up and creates bigger problems.

Except in reality it has been demonstrated that there is not significant price inflation whenever the minimum wage is raised, because it only applies to a minority of workers, and labor needs are often quite inelastic due to firms already not hiring/working people they don't need. I'm willing to pay 50 cents more for a cheeseburger if I'm making several dollars more an hour, and the majority of people won't notice the difference. Many industries don't have anyone who would be affected at all.

 

Except in reality, sometimes you have to work the job you can get, and in a market where labor is more plentiful than employment opportunities (such as a market with a high unemployment rate), even more bargaining power ends up in the hands of employers.

 

Except in reality this is demonstrably false by anyone who actually wants to see what is there and not the world according to models which have been tested and shown to be rubbish. It's funny, everybody always accuses communists of being pie-in-the-sky utopians, but it seems like we're the only ones actually worried about normal people and analyzing what is actually tangible to come up with our economic theories.

Edited by Hierophant
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