2019-2020 US Elections Megathread I- It Begins

[Northern Davincia]

Not if we transcend Capitalism, comrade. Come! The only thing you have to lose is your chains!

Even without capitalism it’s still shit. Automation is literally anti-worker

Abolish the minimum wage, then.

[Ifreann]

Not if we transcend Capitalism, comrade. Come! The only thing you have to lose is your chains!

Even without capitalism it’s still shit. Automation is literally anti-worker

Yeah, wouldn't it be terrible if all your material needs and wants were seen to, no matter what, and you could devote your every waking hour to whatever you found personally edifying? As a worker I'd hate that.

[Kowani]

Even without capitalism it’s still shit. Automation is literally anti-worker

Abolish the minimum wage, then.

2 dollars an hour is still more expensive then a machine.

[Northern Davincia]

Abolish the minimum wage, then.

2 dollars an hour is still more expensive then a machine.

Prices deflate in this situation.

[Kowani]

2 dollars an hour is still more expensive then a machine.

Prices deflate in this situation.

Explain this.

[Northern Davincia]

Prices deflate in this situation.

Explain this.

With the abolition of the minimum wage, prices fall automatically. It's the same principle of supply-and-demand but with currency. Purchasing power, meanwhile, increases.

[Kowani]

Explain this.

With the abolition of the minimum wage, prices fall automatically. It's the same principle of supply-and-demand but with currency. Purchasing power, meanwhile, increases.

Meanwhile, a machine requires none of the things workers do, like break time, health insurance, sick days, or a life outside of the company. All the expenses that one takes on by the use of human labor do not exist with machines.
Even if you were to pay your workers a dollar a day, you would still be outstripped by the automized competition.

[The Black Forrest]

Explain this.

With the abolition of the minimum wage, prices fall automatically. It's the same principle of supply-and-demand but with currency. Purchasing power, meanwhile, increases.

Speculative at best. When was the last time CoL decreased?

[Northern Davincia]

With the abolition of the minimum wage, prices fall automatically. It's the same principle of supply-and-demand but with currency. Purchasing power, meanwhile, increases.

Meanwhile, a machine requires none of the things workers do, like break time, health insurance, sick days, or a life outside of the company. All the expenses that one takes on by the use of human labor do not exist with machines.
Even if you were to pay your workers a dollar a day, you would still be outstripped by the automized competition.

You can't exactly make much money if no one can afford your products.

With the abolition of the minimum wage, prices fall automatically. It's the same principle of supply-and-demand but with currency. Purchasing power, meanwhile, increases.

Speculative at best. When was the last time CoL decreased?

When was the last time the minimum wage was lowered? Heck, food prices in NY are higher because of the minimum wage.

[The Black Forrest]

Meanwhile, a machine requires none of the things workers do, like break time, health insurance, sick days, or a life outside of the company. All the expenses that one takes on by the use of human labor do not exist with machines.
Even if you were to pay your workers a dollar a day, you would still be outstripped by the automized competition.

You can't exactly make much money if no one can afford your products.

Speculative at best. When was the last time CoL decreased?

When was the last time the minimum wage was lowered? Heck, food prices in NY are higher because of the minimum wage.

CoL increased even during the years minimum wage wasn't touched. But hey keep on with the misinformation.....

[Ifreann]

Even without capitalism it’s still shit. Automation is literally anti-worker

Abolish the minimum wage, then.

Nothing's pro-worker like empowering their employer to profit even more from their labour.

[The Black Forrest]

Abolish the minimum wage, then.

Nothing's pro-worker like empowering their employer to profit even more from their labour.

Don't worry it all trickles down.........why is it yellow colored?

[Northern Davincia]

You can't exactly make much money if no one can afford your products.

When was the last time the minimum wage was lowered? Heck, food prices in NY are higher because of the minimum wage.

CoL increased even during the years minimum wage wasn't touched. But hey keep on with the misinformation.....

The minimum wage is but one policy that drives inflation. The national debt is another, as is the Federal Reserve.

[Telconi]

Like how the agricultural revolution left all the unemployed hunter gatherers as destitute charity cases?

You'd have a better argument with either wave of the Industrial Revolution, since agriculture (and writing) essentially ballooned into modern civilization.

Still, what we're seeing are large tech corporations eating jobs and not replacing them with the same amount, nowhere near in fact.

The industrial revolutions were just as much the source of modern society as the agricultural. To reference your balloon, the first breath does no more to fill the balloon than the last.

[Kowani]

Meanwhile, a machine requires none of the things workers do, like break time, health insurance, sick days, or a life outside of the company. All the expenses that one takes on by the use of human labor do not exist with machines.
Even if you were to pay your workers a dollar a day, you would still be outstripped by the automized competition.

You can't exactly make much money if no one can afford your products.

You’ve heard of savings, yes? Companies can last longer than humans can without a source of income if we maintain capitalism.

[Northern Davincia]

Abolish the minimum wage, then.

Nothing's pro-worker like empowering their employer to profit even more from their labour.

Strangling small businesses to the benefit of large ones is exactly what the minimum wage does.

[Northern Davincia]

You can't exactly make much money if no one can afford your products.

You’ve heard of savings, yes? Companies can last longer than humans can without a source of income if we maintain capitalism.

Those savings don't last forever.

[Kowani]

You’ve heard of savings, yes? Companies can last longer than humans can without a source of income if we maintain capitalism.

Those savings don't last forever.

They’ll last longer then a starving worker.

[Ifreann]

Nothing's pro-worker like empowering their employer to profit even more from their labour.

Strangling small businesses to the benefit of large ones is exactly what the minimum wage does.

Guaranteeing a minimum wage for workers is what the minimum wage does.

[Northern Davincia]

Those savings don't last forever.

They’ll last longer then a starving worker.

Yes, and then the rich will be starving and robots will laugh at our anticlimactic demise.
In more relevant news, Bill Weld is my second preferred candidate to McAfee.

[The Black Forrest]

Those savings don't last forever.

They’ll last longer then a starving worker.

I think you are assuming the capitalists care about that.

[Kowani]

They’ll last longer then a starving worker.

Yes, and then the rich will be starving and robots will laugh at our anticlimactic demise.

What, did you think agriculture would be immune to automization?

[Northern Davincia]

Strangling small businesses to the benefit of large ones is exactly what the minimum wage does.

Guaranteeing a minimum wage for workers is what the minimum wage does.

You're wrong but free to think otherwise.

[Phoenicaea]

minumum wage is good, and milestone as it is unemployment benefit. i can t say why liberalism should be against basic guarantees to support, literally, life for not starving.

[Ifreann]

Guaranteeing a minimum wage for workers is what the minimum wage does.

You're wrong but free to think otherwise.

I'm not really bothered to read 42 pages of a PDF, especially on this garbage computer, want to narrow down where this paper on the effects minimum wage has on employment contradicts my assertion that a minimum wage guarantees a minimum wage?