JavaScript is required to use Bungie.net

Service Alert
Destiny 2 will be temporarily offline tomorrow for scheduled maintenance. Please stay tuned to @BungieHelp for updates.

OffTopic

Surf a Flood of random discussion.
originally posted in:Secular Sevens
12/17/2013 9:40:56 PM
109

Can pure capitalism exist without exploiting the poor?

All the talk of raising minimum wage has got me thinking. While, personally, I don't believe that fast food workers should be making $15/hr, I do believe that working full time at minimum wage job should at least put a roof over your head, clothes on your back, and food on your table. The minimum wage should be increasing at the same rate as the cost of living. The US federal minimum wage is $7.25/hr, which was last adjusted in 2009 - nearly 5 years ago. People working minimum wage jobs [i]need[/i] those cost of living adjustments. Letting the free market determine what something is worth is a basic principle of capitalism, yes? If the free market decides that someone flipping burgers is worth $3/hr, that person is screwed. The unfortunate part of this situation is that $3/hr is better than $0/hr, even if $3 wont buy you shit, so people will take those jobs. Capitalism is inherently emotionless. At what point does one put aside their capitalistic intentions and exhibit compassion in taking care of their workers?
English
#Offtopic

Posting in language:

 

Play nice. Take a minute to review our Code of Conduct before submitting your post. Cancel Edit Create Fireteam Post

View Entire Topic
  • PURE capitalism? No, absolutely not. It lends itself sooner or later to an emerging aristocracy. But capitalism with some caveats? Sure, I think so.

    Posting in language:

     

    Play nice. Take a minute to review our Code of Conduct before submitting your post. Cancel Edit Create Fireteam Post

You are not allowed to view this content.
;
preload icon
preload icon
preload icon