Quote:
Originally Posted by Delgar
That's the problem with most of your posts. You start with the presumption of what people need to be paid. That's not how businesses get rolling. You start with an idea, determine what it can sell for and what it costs to produce, and if you can make money on it, you take the risk and invest.
If you start with the presumption of what people need to be paid, you wind up with nothing. No business. Might as well have a directed economy.
As for Flash Walken I have and will continue to ignore him, at least iggy_oi states a position, and yes I attack it because I find the position offensive to the free market. Flash Walken doesn't even get that far however.
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You're again making a lot of assumptions. I have no exact presumption of what anyone needs to be paid, however I believe there needs to some regulation to ensure there isn't an unfair balance. Directed economy? We already have a minimum wage, so I guess in your opinion we already have that right? Or do you only consider it to be that way if it gets to a level you disagree with?
Maybe you should do some research into how and why minimum wage came to be in existence. A quick summary would be this, a bunch of business owners used their leverage of being the only sources of income for people to pay as little as possible to their employees, this created a massive wealth gap between workers and business owners. Businesses were then able to dictate the quality of life for everyone because they controlled the income as well as the costs for the goods and services these employees used their wages to pay for. If a company decided to charge more, they didn't have to give a raise to even it out for their employees, this led to what we would consider slavery if it were seen today. So people fought back and eventually gained a mechanism to help prevent this from happening again. And back then people claimed all the same things that people claim today to argue against raising minimum wage, funny thing is that a lot of it ended up being a load of BS. Imagine that.