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0 pointsTimeBearingDown3y ago0 comments

So, you would have the government step in and deny the right of an individual to earn what they may need at that moment, in their specific circumstance, to form a contract with another person - a business owner? The bureaucracy knows better, and if the individual can’t find another job at a level to even scrape by then the bureaucracy steps in again, but is this a path to a solid job in 20 years? The higher the wage, especially federally, the more dramatic and onerous the effect.

It feels deeply infantilizing to me, and will absolutely cut off the bottom rung of society and hasten the unprepared and unskilled towards the coming AI cliff in my opinion.

I personally did not have my own shit together enough to earn minimum wage, not quite, at the very start. $15/hr+ starts to become a mountain that the least well-off cannot land a position earning, or cannot stay competitive at that rate, in some parts of the nation.

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ghastmaster3y ago

> I personally did not have my own shit together enough to earn minimum wage, not quite, at the very start. $15/hr+ starts to become a mountain that the least well-off cannot land a position earning, or cannot stay competitive at that rate, in some parts of the nation.

This is the most salient point in my opinion when discussing minimum wages. Employers have to decide which potential employee can produce enough to make up for the wages that they pay. The higher the minimum wage goes, there are less opportunities to get a career started due to not being hired. Experience is highly valued in almost every field. If you cannot get a low paying job just to build some experience in your resume, you delay or never get the next high paying job. Minimum wage ends up crippling the very people it was meant to help.

feet3y ago

Or employees could group together to form cooperative companies that don't simply work to extract from their labor and actually provides a decent living for everyone. There is no reason that we should be all working together as a group to make a few people wealthier when they didn't do any of the actual work.

feet3y ago

We already produce enough food, goods, and housing for everyone in the country to live with their basic needs met. The only reason that isn't happening is because there is a small group of capital owners and corporations that work to create artificial scarcity. It's an absolutely disgusting practice that benefits nobody but people who are already rich

With the AI cliff that you discuss, productivity will increase even more than it did in the industrial revolution and there is even less of a reason to continue with our absurd current system of making a tiny out of people rich at the expense of everyone else.

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0 pointsTimeBearingDown3y ago0 comments

It feels deeply infantilizing to me, and will absolutely cut off the bottom rung of society and hasten the unprepared and unskilled towards the coming AI cliff in my opinion.

0 comments

ghastmaster3y ago

feet3y ago

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