RE: Mentally retarded people worth $2 dollars per hour
January 30, 2014 at 12:57 pm
(This post was last modified: January 30, 2014 at 1:04 pm by Ben Davis.)
(January 30, 2014 at 12:38 pm)Mister Agenda Wrote: Employers don't pay for people, they pay for work.Not true. Many employers pay a premium for 'talent': those who are particularly suited for or capable at particular roles.
Quote:A lot of jobs have disappeared because of the minimum wage...No, a lot of jobs have disappeared because of unethical profiteering by 'job creators'.
Quote:...because the jobs weren't worth the pay.All work of value is of equal value because any product is equally dependent on all facets of its generation for its output. To misunderstand this is to misunderstand the fundamental flaw in the modern capitalist model. To deliberately misrepresent this, as is done by those who unethically profiteer from low wages, is to commit a crime.
Quote: A subsidized minimum wage would bring many of those jobs back, the ones that haven't been fully automated anyway.Ending the 'redundancy' practices of unethical profiteers will bring the jobs back. There's more than enough demand to provide 100% employment.
Quote:With a subsidized minimum wage, anyone capable of working at all could find a job that matches their ability.That would be true of any mechanism which raises the earning-potential of the average consumer: more money in to the economy means greater demand which in turn leads to higher employment in service of that demand. My preference would be for the self-serving financial-rapists that masquerade as 'job creators' to pay their staff decent, living wages.
Sum ergo sum
