what_is_orcas
Joined 5 years ago
Joined 5 years ago
Looks like the reason is: we refuse all smart people equally and it's a means to reduce turnover...
What a joke.
I'm not going to disagree that a lot gets lost in translation between academic article and the lay-person who hears a story on the nightly news, but I don't think gatekeeping academic research is the answer, but rather more emphasis on critical thinking and critical reading.
Makes one think what the internet could be like in an alternate reality or something.
I can't tell if this is facetious. I hope it is.
Monetary value has no bearing on actual value. For example, a smartphone is only $1000 because some people were paid $0 to produce it. Did those people not produce value? Take a fast food hamburger, it only costs $1 because it's not real meat (mostly), and the person who heated it up is being paid a wage with which they cannot afford reasonable housing and healthy food.
Yeah, I think it's a tragedy that we have constructed a society where everyone doesn't have basic needs met. I think it's a bigger tragedy that the alternative to the current system is considered idealistic. You don't have to agree with me, but if nobody talks about the ways that things could be, not the way that they are, then things will never change.
I'm not sure I follow your last paragraph. Are you suggesting that minimum wages are bad because it sets a minimum for employers to pay as though without a minimum wage they would pay a rate more in line with value? If folks earning a minimum wage today, in a world with a minimum wage, can't afford basic living expenses, would you expect more people to afford basic living expenses without a minimum wage? If so, can you justify that? If not, what are you optimizing for?
A couple years ago my previous company cut the standard yearly raise from 3% to 2%. When inflation went crazy during the pandemic I started casually dropping the quoted line into every conversation with coworkers I could. I even threw out some feelers around organizing but I was always laughed off by someone or other.
Why should the minimum wage not provide a sufficiently secure life for the worker?
I say this all the time: if you can't afford to pay your workers a living wage you can't afford to be in business.
This is the same as the facial-recognition models that mis-identify folks of color more frequently than white folks or the prediction model that recommended longer jail/prison sentences for black folks than for white folks who committed the same crime.