Living Wage should be an "Adult/Independent" Minimum Wage(two minimum wages)

[Type Username Here]

I always do, but something tells me you got a whammy waiting for me...

Sure lets do it What you got?

Damn breh, are you telling me with a straight face that companies haven't purposely held back supply to increase demand and artificially inflate prices?

Do you know anything about DeBeers and the Diamonds trade for example? Nothing natural about it.

 

[rapbeats]

I have found that its easy to create societies and economies in ones head at zero cost, using abstract people that perform better than reality. We must be cautious and not read too much into these theories though.

You have to start somewhere. how on earth do you think we got here? People have to use their brains. Imagine things, Imagine something better. maybe there is nothing better. but you sure have to try and look for better. thats how you make progress. If you dont think about these theories. then we will always remain stagnant and never know if we could have done better.

And dont always leave it up to the " un " professionals. as we've seen economist as smart as they are dont know everything. See its one thing for a scientist to thing pluto is a planet in 1985 then in 95 say No its not we found out different with new telescopes, etc.

but for economist who run our economy by way of consulting the powers that be. They say I think it should work best like A. then B happens and All falls apart. OOOPS my bad. well your bad = a bunch of unemployed human beings. your bad = folks without a roof over their head. You cant just have people running the numbers that only think on terms of numbers and thats it. You need ethical folks in there thinking with their mind and heart at the same time. or else you run the risk of having what we have now which is getting worse each day.

 

[rapbeats]

Damn breh, are you telling me with a straight face that companies haven't purposely held back supply to increase demand and artificially inflate prices?

Do you know anything about DeBeers and the Diamonds trade for example? Nothing natural about it.

thank you very much kind sir. like i said. you can keep that 100% FREE Market until you can show me a society full of 100% Moral Ethical People/Businessmen/women.

 

[DEAD7]

Damn breh, are you telling me with a straight face that companies haven't purposely held back supply to increase demand and artificially inflate prices?

Do you know anything about DeBeers and the Diamonds trade for example? Nothing natural about it.

Regulations and lack of competition make this possible. This sort of thing would be impossible in a truly free market.

 

[DEAD7]

For the record, I realize a 100% free market isnt tenable, so I advocate for as little regulation as possible.

 

[rapbeats]

For the record, I realize a 100% free market isnt tenable, so I advocate for as little regulation as possible.

FOOLISH.
this is not rocket science. FREE MARKET WILL NOT WORK this late in the game.

it works only on when you're just starting up because you can go ahead and say not have the FDA tell you that your product might kill people. you can just test it out on your customers. you and 3 other companies making the same product. then once all 3 corps. realize they have killed 100's of thousands of people. who ever killed the least amt of people and have the lowest price on the best quality stuff is the winner in a free market situation .thats the company most people will buy from. then other companies that run behind them trying to sell similar products will have to match similar quality and lower death rates. again we aint having that anymore. no one is willing to risk 100k people just to find out which is better.
so free market/no regulation is out.

2nd reason FREE market will never work for the masses is because in a free market with zero regulation the first people to the top of the mountain will start to kick everyone off the mountain when they get up there. so you and i (little people ) will never even know these other guys have a better product then the usual suspects. its similar to what major corps do right now. they dont want competition. they want a monopoly. and once you get a monopoly. unless you are a very ethical/moral business person. you will not push out the highest quality products at the lowest possible price while still making a profit. you will push out the lowest possible quality, at the highest price point where you can make the most profit while not completely turn your customers against you enough for them to wait on someone else to produce what you are producing. especially when it comes to the production of necessities(food, heat, electricity, roads being built, , etc.)

its simple you cant trust humans because we are naturally selfish and corrupt. therefore a free market will only work for a very small minority group.

 

[DEAD7]

its simple you cant trust humans because we are naturally selfish and corrupt. therefore a free market will only work for a very small minority group.

Exactly why we shouldnt increase govt. power...

 

[rapbeats]

Exactly why we shouldnt increase govt. power...

not true at all. you increase govt power with checks and balances to go along with that increased power. remember what i said earlier. no more bs regulation/over regulation in certain scenarios. Proper regulation is the key phrase here. And you need someone with an eye on the regulators. The PEOPLE. You Change "THE PEOPLE" or the EYES around every couple of years. so not to make a situation to where its just like running for office. where people stop doing their job because they have to spend all their time trying to keep a job.

it can be done. its not being done 100% correct as of today. but that doesn't mean throw the baby out with the bath water.

 

[DEAD7]

not true at all. you increase govt power with checks and balances to go along with that increased power. remember what i said earlier. no more bs regulation/over regulation in certain scenarios. Proper regulation is the key phrase here. And you need someone with an eye on the regulators. The PEOPLE. You Change "THE PEOPLE" or the EYES around every couple of years. so not to make a situation to where its just like running for office. where people stop doing their job because they have to spend all their time trying to keep a job.

it can be done. its not being done 100% correct as of today. but that doesn't mean throw the baby out with the bath water.

Regulation is self defeating precisely because of the human element. Who watches the regulators? and who watches them? and who regulates the regulators of the of the regulators regulators.

I propose to cut all that expensive nonsense out and cut right to your last regulator. "we the people".