If you are doing the same job in the economy, why should your income increase more than inflation? The growth of the economy is a measure of the whole, it has little to do with inflation adjusted wages for individuals. Our population has increased greatly in that interim also.
Why do the workers deserve the same share of the profit as the innovators and investors? Labor is a commodity, not part of the partnership.
Sure, labor has a value, but it doesn't have EQUAL value to the other more important factors. If it did, then all companies would be successful.
Also, I very much support Basic Income, or at least, the Milton Friedman model of Negative Income Tax. It's the kind of thing Republicans would be talking about were it not for Reagan figuring out a conservative could only win if he brought along all the evangelicals.
Where we stand apart, is the notion that being wealthy is a crime, and that they are terrible people who only got where they got because they made others suffer.
Last edited by Tijuana; 2016-06-22 at 03:44 PM.
But why not? Median wage is way below average wage, so there is a good chance that making minimum wage very close to the current median wage both will move median wage higher, and not touch average wage at all. The poor become richer, the rich become poorer, but still stay rich - sounds quite good.
What you can't, really can't do, is move minimum wage close to or above the average wage. Then the system will crumble.
I never said "same share". I said "a share". Make it reasonably proportional.
And the last sentence? That's the root of the entire issue. It's how employers get away justifying this, by stating that their employees aren't partners assisting their company, but just a commodity for their company to consume and discard.
If that's how you want to treat them, then you can't expect them to have any loyalty or sense of belonging. If they can sue the ass out of your company for millions and drive it into bankruptcy, they should, by your argument. Because they're not part of that company, and the only relationship they have is how much money they can get out of it.
Last edited by Endus; 2016-06-22 at 03:45 PM.
It IS their money. The money belongs to the company, plain and simple. You want to use the government to take it from them, and give it to others. That is fucking selfish.
The second issue you bring up actual harm. I only support government intervention if actual harm is being caused. Since no harm arises in a volntnary transaction between a person and their employer, then it's none of the government's business. You want your government to do everything you want, and force your will upon others. I want the government to get the hell out of people's way.
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The government should only involve itself when actual harm is being caused. It shouldn't be used as a form of leverage in negotiations, and definitely shouldn't be used as a means to punish those with whom we simply disagree.
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The United States has a tax bracket system.
People gave up their power, when they decided to have the government do things for them. The consumer still holds the power over corporations, they are simply too ignorant or lazy to use that power. Instead, they use the government.
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They own the company.
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We're discussing wages, which belongs entirely to the company. You want to take that money from them against their will. You wish to insert yourself into a voluntary agreement between the employer and employee.
I was waiting for you to provide an argument.
This isn't an argument. This doesn't remotely justify anything.
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No, wages belong to the employee, and again, tax revenue belongs to the government.
The government is never spending someone else's money. They're spending the government's money.
You act as if it doesn't work both ways. Look, if an employer wants to purchase my time, he is going to have to compete for it. This should be true of every worker out there. The worker is functioning in a labor market. The business is functioning in a business market. The needs of both need to align before collaboration can occur.
The problem with wages is not the employers. They have always wanted to pay the least, since the beginning of time. That is a natural economic force that is constant. The problem is, the economy as a whole, has put the workers in a bad bargaining position. This is worsened by the fact their savings are not what they used to be. Many are accepting jobs they would not have, if they had more reserves to keep looking.
But, I see no reason for a modern day plumber to be more well off than his 1950s counterpart. The job holds the same value now as it did then, and that is completely normal.
"In order to maintain a tolerant society, the society must be intolerant of intolerance." Paradox of tolerance
The argument is that the owners own the company, it's their fucking money. If an employee does not feel he's being compensated properly, then he is free to leave. If a consumer does not feel the company is compensating its employees properly, they are free to shop elsewhere. I find it ridiculous to think that employees have a rightful claim over profits, when it's not their money.
Wages belong to an employer, and they pay the employee. You seem to think the government should be involved, and you want the government to force them to spend more against their will. That is the government spending someone else's money for them.
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Then you just justified slavery, segregation, and the banning of gay marriage. After all, the demographic wanted it, so it must be fine... right? Fuck that. A representative democracy does not mean that oppression will not occur, it only meeans that there is an inherent desire to control that democracy, so that you get to control who gets oppressed. How is that any different than when the corporatists do it?
If you are demanding to take money from someone against their will, and give it to others, that sure sounds a bit like oppression. You are placing an unnecessary and undue burden upon them. Now, you may be fine with that, because you deem the target of your oppression to be deserving of it, but that does not change what you are doing. You want to take away someone else's freedom (in this case, their money), because you don't think they deserve it. You think someone else deserves it more.
How is that any different than if a company uses the government to take your money from you, because they feel they deserve it more?
And as long as workers can't choose not to participate in that market, what you're talking about is fantasy, not reality. This is why we have minimum wages; because otherwise, employers would pay so little that working 16 hours a day, 7 days a week would barely cover your own survival, requiring your children to work themselves if they want to eat. We know this, because that's what actually happened.
That's not an argument. That's a lie. Money you owe in taxes is not "your money". That belongs to and was earned by the government.
Yes, slaveholding was the collective will of what, at the time, were legally defined as "people" (specifically, white dudes). No, that doesn't justify it, but what you're talking about is instituting exactly that kind of inequitable oligarchy, again.Then you just justified slavery, segregation, and the banning of gay marriage. After all, the demographic wanted it, so it must be fine... right? Fuck that. A representative democracy does not mean that oppression will not occur, it only meeans that there is an inherent desire to control that democracy, so that you get to control who gets oppressed. How is that any different than when the corporatists do it?
Rich people aren't "oppressed". They're the most advantaged group in society. And letting that minority set the rules is just an attempt to create a new aristocracy, and move back to that kind of oligarchy, away from democracy.
The CEOs are employees also. Let that sink in. The CEOs are employees also. The CEO has played the labor market perfectly, getting offered the highest paying job.
But, do you really need it explained why the shareholders should see increased income? Because their investment is going well. They took a risk, and the reward is profit. They are under no obligation, nor should they be, to share their profit. If the employee wants more money, then he needs to convince either his boss, or someone else's boss that he is worth more. This is no different than how the shareholders compete via the business in the overall market. If they want to make more profit, they need to either sell more, charge more, or spend less. Nobody in this equation is getting a free ride. All must work hard, manage their value well, and be willing to take an occasional risk.