ZombieVampire! wrote:
In theory free market is great. In theory Communism is great.
In practice Communism gets corrupted, and free market needs limitations.
Communism does not work in theory and this is the stupidest common "arguement" I have heard in regards to the subject. If you truly think that communism makes sense in theory and work work in theory then you must live in a cave. People inherently do what is best for them. That is a natural instinct of all living things.
Capitalism does work in theory and has NEVER been tried in reality. Government has always knocked any attempt at pure capitalism off of its self-maintained balance.
Varegg wrote:
Sooo lowing ... you think it is allright then for the less fortunate that haven't had the same oppurunities as you to work for minimum wage and miss out on the american dream ? ... there can be loads of reasons for just that to happend, a disability, a work accident that lost them their well paid job and later forced them to take another or is everyone without a uni degree freeloaders ?
Don't you need bolt installers and clerks in the US ? ... why not pay them a little more so they can afford their mortage, a reasonable mortage that is ...
A little more emphasis would do you good ... you can't really compare everybody else up against yourself ...
The problem with minimum wage is the following:
1. When you impose a minimum wage on a company this will increase their costs. This will be especially profound on business that operate on low skill labor, like you grocery stores, factories, and convenience stores. Thus as a result all of these companies must increase their price to cope with the increased cost. Now the low end labor is getting paid more, but they also paying more for all their basic costs.
Net effect for the people being paid minimum wage.... NOTHING!
Now the middle class is unaffected by the wage increase, because they were already being paid more than minimum wage. But they ARE affected by the increase in cost and this erodes their status as middle class. They become closer and closer to the low class as their salaries stay stagnate but the prices increase all around.
Net effect on the middle class.... IT DISAPPEARS!
Now the upper class is not affected by the minimum wage increase because they were being paid well above that rate. The increase in costs insignificantly affects them because the % increase is very small.
Net effect on the upper class... Insignificant!
A forth effect of minimum wage increase is the elimination of labor for the unemployed, resulting in higher unemployment rates.
Thus minimum wage only decreases the number of available jobs and merges the middle and lower class. Congratulations.
Varegg wrote:
You people claimed unemployment was a problem in the US, not me ...
And lowing - i don't insist, i merely explain how it works over here and it do work very well with the European socialistic model - we take care of everybody - you seem to care less about anyone but yourself, the misfortunate can blame themselves for their situation entirely, that's egocentric imo ...
Something I see frequently in Europeans is that they think they are somehow more evolved and more sophisticated because of their larger and more socialistic government. I got news for you buddy. Socialistic governments have been around for ages, since the beginning of time. Libertarian ideals are the more sophisticated and modern concepts, and they are quite a bit harder to grasp. Most people simply don't fully comprehend libertarian ideals or the consequences of socialistic ideals.
The concepts that we are arguing is not that you shouldn't care for those in need. Is it that government does not have the right, capability or effectiveness to do this.