387 comments posted · 17 followers · following 1
It forces people to contradict the judgment of their minds, man's basic method of survival. Further, in capitalism, there is constantly increasing production and constantly lowering costs. This benefits all, including the least productive workers. The poor in capitalism live much better than the "rich" in all pre-capitalist history. What good is a castle without central heating?
Is your alleged math a revelation from the supernatural? Here, in the concrete, material universe, there are no contradictions. Thus minimum wage increases costs. Govt sticks a gun in the faces of businessmen and forces them to pay employees MORE than a voluntary trade between business and employee. Govt forces increased cost. Again, the economics of this situation is not basically important to min wage advocates who want to force business to sacrifice. Without that moral issue, they would not care about wages.
Are you discussing the values of advocates , economic law, or what?
Ive never before liked the French Revolution. Can you see Madame Defarge knitting while Fed heads roll?
If cows were deposited and the bank attempted to lend the cows while the depositor also had access to the cows, it would run afoul of the Law of Non-Contradiction. Imagine, if you will, the depositor milking a cow while the borrower takes a sirloin from it. Let's see the Fed try to create cows...