How Should Wages Be Determined?

Discussion in 'Globalization' started by Motion, Jan 27, 2005.

  1. Psy Fox

    Psy Fox Member

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    There will all ways be unemployment under capitalism you can't fix it without abandoning capitalism. That's the point why go around allowing people to work for slave wages when there will always be an army of unemployed till you overthrow global capitalism.

    These people should not work if the employer doesn't respect them enough to pay them a wage they can surive off of. Instead they should start a revolution to smash the system.

    You are talking about the same market that lays off workers (it NEEDS) in order to up profits without thinking about the effects of less workers.

    It is like the tragedy of the commons. Burger King looking for more profits lower their wages since even though it means their employees won't have as much buying power thus weakening the economy, that loss would spread through out the economy while Burger King will still have a nice jump in profits. McDonalds sees this and does the same, putting you into a loop till the wage cuts weaken the economy to the point it triggers a depression.

    Again unemployment is a flaw of CAPITALISM not minimum wage. If you don't like unemployment then stop being a capitalist.
     
  2. Kandahar

    Kandahar Banned

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    If you want to argue against capitalism, then start a "Down with capitalism" thread on this forum (or better yet, start it on the pure bull forum). Leave this thread to those of us who actually want to rationally discuss the topic of THIS thread.
     
  3. Psy Fox

    Psy Fox Member

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    I am arguing that you can't get rid of unemployment under capitalism.

    Getting rid of minium wage WON'T create new jobs since when employers lower their wages the economy will weaken since the buying power of the workers will be less, tringering other employeers to lower their wages further weakening the economy thus no one new gets hired infact odds are some will lose their jobs since sales would eventully fall to the point even the cheap labour can't keep employeers afloat so they lay off and get the remaing workers to work harder.
     
  4. StarFaerie

    StarFaerie Member

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    Um, It's never gonna be perfect, but abolishing minimum wage laws isn't going to do anything but allow business owners to pay their workers the lowest amount they can get away with so they can buy a big screen TV and a boat. You can't give people the free rein with wages because people are too selfish by nature. Not all business owners, but most. Right now you can make more money on Welfare than by getting a minimum wage job. Do you want to continue to pay for them to be on welfare just so business owners can make more profit? Gee that's a conflict of interests huh? But they have no incentive to go get a job so I guess we'll just keep paying taxes for them rather than just pay people a living wage. These are just the facts from the other side, I'm not interested in a knockdown drag out with people who have the exact opposite values from me.

    And it's a little bit selfish to say you know, just screw everyone who has a minimum wage job cause they can go to school to get a better job. Well guess what, you can't go to school if you're trying to live on a minimum wage salary. Scholarships work sometimes, but not if you couldn't even afford the extra gas to drive to the school regularly. PLus, not everyone has the brain power for anything more than basic labor. It's pretty snobbish to act like everyone should be able to get a degree, plus, then who would be your cashier at the supermarket while the kids are in school? Have some respect for those peole who make your sheltered well off world run.
     
  5. Motion

    Motion Senior Member

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    Then how do you eliminate unempolyment considering there can be many causes for it?
     
  6. Psy Fox

    Psy Fox Member

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    You need to rethink society.
     
  7. StarFaerie

    StarFaerie Member

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    I agree with you. With all the poverty in the world it seems like the money could be spread around a LOT better
     

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