We have a locality pay scale BAKED IN to federal salaries. Federal salaries are established and updated yearly. Using this, we could get rid of a dedicated minimum wage number. All we need to do is set the minimum wage to the lowest amount a federal employee could be paid in that location, and you’re all set. Federal minimum wage debate solved.
If the government can’t find employees, then they need to raise the locality pay there, or bump up the payscale across the board. Same could be done for the minimum wage
Inflation is directly related to the amount of money being printed by the federal reserve.
Anyone really worried about inflation should be concerned about how wallstreet and the fed are in bed together. But wallstreet and the fed both do anything they can to distract everyone from that simple truth. The day it is made illegal to hire someone out of government to any banking or wallstreet firm that SHOULD be a conflict of interest is the day you will see a monetary policy that makes sense for the average worker instead of wallstreet. So of course because of this it will never happen in the USA.
It can be, and theres no good reason it shouldn’t be that way. Economics is man made concept that can be changed at will, it isn’t some infallible law of nature
Ive read plenty and our modern concepts around economics don’t go back that far. There have been innumerable societies that were able to create generally equitable systems of resource distribution throughout human history that weren’t contingent on modern concepts around economics. If those before us were able to do it with significantly more limitations, there’s no reason we can’t do it (and even improve upon it) now. Try reading some books that don’t lick boot
Would you care to give an example of a successful society of the past that achieved what you are describing without slaves or other means of super cheap labor.
I can’t think of a single one but I am very interested.
Do the societies have to be mostly white people in order to count? Because before the white men came pretty much every indigenous society was living pretty in tune with nature and didn’t suffer a few rich cunts exploiting the vast majority of the rest.
Most indigenous American tribes. Numerous central and south american ones as well. Plenty of pre-written history societies show no signs of forced labor or enslavement. Tons of early written societies as well. Currently existing examples include the zapatistas and rojava. They’ve built societies that are t dependent on a capitalist framework to persist. You can throw a rock and hit one.
Edit: sorry for the snark, I didn’t check the usernames before commenting and thought you were the guy who was being an ass. I’ll be happy to dig up some links for you in a new reply. If this is something you’d really like to dive into I can’t recommend David Graeber’s The Dawn of Everything enough. It’s a fantastic read
Hourly Rate Yearly Salary
$10 $20,800
$15 $31,200
$20 $41,600
$30 $62,400
$40 $83,200
$50 $104,000
$75 $156,000
$100 $208,000
To make an average wage (roughly 62k according to the national average) it’ll need to be $30 an hour minimum.
We have a locality pay scale BAKED IN to federal salaries. Federal salaries are established and updated yearly. Using this, we could get rid of a dedicated minimum wage number. All we need to do is set the minimum wage to the lowest amount a federal employee could be paid in that location, and you’re all set. Federal minimum wage debate solved.
If the government can’t find employees, then they need to raise the locality pay there, or bump up the payscale across the board. Same could be done for the minimum wage
You can’t make the minimum the average lol
You can if you want to increase the average…
You thought inflation was bad before lol
Inflation is directly related to the amount of money being printed by the federal reserve.
Anyone really worried about inflation should be concerned about how wallstreet and the fed are in bed together. But wallstreet and the fed both do anything they can to distract everyone from that simple truth. The day it is made illegal to hire someone out of government to any banking or wallstreet firm that SHOULD be a conflict of interest is the day you will see a monetary policy that makes sense for the average worker instead of wallstreet. So of course because of this it will never happen in the USA.
But not solely related. Everything you just said was beside the point.
You can if you want people to be able to live in some degree of comfort, security, and dignity
That’s not how economics works. Like at all. It’s what a 10 year old would do if given control of the economy.
It can be, and theres no good reason it shouldn’t be that way. Economics is man made concept that can be changed at will, it isn’t some infallible law of nature
Possibly the most naive statement in history. Holy shit, read a history book.
Ive read plenty and our modern concepts around economics don’t go back that far. There have been innumerable societies that were able to create generally equitable systems of resource distribution throughout human history that weren’t contingent on modern concepts around economics. If those before us were able to do it with significantly more limitations, there’s no reason we can’t do it (and even improve upon it) now. Try reading some books that don’t lick boot
Would you care to give an example of a successful society of the past that achieved what you are describing without slaves or other means of super cheap labor. I can’t think of a single one but I am very interested.
Do the societies have to be mostly white people in order to count? Because before the white men came pretty much every indigenous society was living pretty in tune with nature and didn’t suffer a few rich cunts exploiting the vast majority of the rest.
Most indigenous American tribes. Numerous central and south american ones as well. Plenty of pre-written history societies show no signs of forced labor or enslavement. Tons of early written societies as well. Currently existing examples include the zapatistas and rojava. They’ve built societies that are t dependent on a capitalist framework to persist. You can throw a rock and hit one.
Edit: sorry for the snark, I didn’t check the usernames before commenting and thought you were the guy who was being an ass. I’ll be happy to dig up some links for you in a new reply. If this is something you’d really like to dive into I can’t recommend David Graeber’s The Dawn of Everything enough. It’s a fantastic read