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Minimum Wage Clock

moonbase.lgbt

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Re: Minimum Wage Clock

#51

Post by maerF0x0 »

renjimen wrote: post #36
maerF0x0 wrote: post #13

If we find this appalling, let's stop consuming the products of those who we feel are "overpaid" and visit the website, businessplace, or other endeavors of those we feel are "underpaid". Tim Cook gets paid a lot (and so do many AAPL employees), but I can't help but admit that my last 3 laptops I bought with my own cash were MBP, and not a system76 or framework. And I'm more likely to visit costco than a farmer's mar…

This is hard due to all the monopolies that exist in the modern world, and it's only possible for B2C businesses. The entire value chain is dominated by B2B where consumers have little say. I love System76 but their components are still from mega corps with stupid CEO salaries. The only effective ways to deal with this are progressive taxation and labor regulations. Bring back the 90+% top tax bracket that Thatcher a…

I'm still unsettled on the balance between unequal pay, and treating the government as the only redistribution solution (ie taxation).

I do prefer market solutions that Charity/Philanthropy offer vs governmental spending. And sometimes I think about how many of the richest have a 100% tax bracket as they've pledged their fortunes to charity after death.

Probably seems contradictory to my parent comment, but as I said I'm just not sure of the best path forward tbh.

Re: Minimum Wage Clock

#52

Post by meowtimemania »

maerF0x0 wrote: post #13

If we find this appalling, let's stop consuming the products of those who we feel are "overpaid" and visit the website, businessplace, or other endeavors of those we feel are "underpaid". Tim Cook gets paid a lot (and so do many AAPL employees), but I can't help but admit that my last 3 laptops I bought with my own cash were MBP, and not a system76 or framework. And I'm more likely to visit costco than a farmer's mar…

Ironically, Costco treats its employees much better than most any locally owned shop.

Re: Minimum Wage Clock

#54

Post by [deleted] »

npoc wrote: post #38
pylua wrote: post #24

Earlier quoted context omitted.

c) the minimum amount required to live peacefully and with dignity.

If you want that and you aren't producing enough value to warrant it, why should someone else pay for it? Find some more valuable work to do, work harder In the UK you'll get benefits to top up your wage anyway.

[deleted]

Re: Minimum Wage Clock

#55

Post by [deleted] »

robertlagrant wrote: post #27
cedws wrote: post #14

Earlier quoted context omitted.

>It's not a cap, it's a minimum. misphrased, fixed. >This is so people can employ kids who have very little economic value and train them to have lots of it. But 18 year olds are not kids anymore and are capable of providing just as much economic value as a 25 year old. Especially if the employer is a coffee shop or restaurant. Minimum wage should be the same for all ages. It should be at the discretion of the employ…

> But 18 year olds are not kids anymore and are capable of providing just as much economic value as a 25 year old. Especially if the employer is a coffee shop or restaurant. I'm not sure that's true - experience counts in those industries. I speak as a former 18-year-old coffee shop person. I think this is a result of minimum wage not being enough for people who can only get a minimum wage job, but are getting on in…

[deleted]

Re: Minimum Wage Clock

#56

Post by anticorporate »

robertlagrant wrote: post #28
umpalumpaaa wrote: post #22

Earlier quoted context omitted.

Isnt this still age discrimination?

Not if it's a law, I wouldn't say. By law 16 year olds can't drive on public roads, but that's not counted as age discrimination.

By that logic, Jim Crow laws weren't discriminatory because they were laws. I wouldn't suggest relying on legal frameworks as a replacement for ethical ones.

Re: Minimum Wage Clock

#57

Post by margalabargala »

npoc wrote: post #38
pylua wrote: post #24

Earlier quoted context omitted.

c) the minimum amount required to live peacefully and with dignity.

If you want that and you aren't producing enough value to warrant it, why should someone else pay for it? Find some more valuable work to do, work harder In the UK you'll get benefits to top up your wage anyway.

> you aren't producing enough value to warrant it

In industries where the availability of workers is high, the amount of value produced per worker does not particularly relate to the amount that that worker is paid.

If the worker produces more than enough value to their employer that that employer could pay them enough to live with dignity while also making a profit on that worker, then perhaps they ought be required to.

Re: Minimum Wage Clock

#58

Post by [deleted] »

slibhb wrote: post #23

People like to talk about inequality but absolute poverty seems like a more important target. Satya Nadella having more money than me doesn't make my life worse; I'm more concerned about the availability of jobs, food, housing, etc. That said, CEO salary does strike me as strange. Who needs 8 million per year + stock? I'd think more CEOs would voluntarily take a pay cut.

[deleted]

Re: Minimum Wage Clock

#59

Post by Filligree »

robertlagrant wrote: post #28
umpalumpaaa wrote: post #22

Earlier quoted context omitted.

Isnt this still age discrimination?

Not if it's a law, I wouldn't say. By law 16 year olds can't drive on public roads, but that's not counted as age discrimination.

Isn't that obviously age discrimination? It's just that sometimes there's a good reason for it.
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