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Joined 2 years ago
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Cake day: July 13th, 2023

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  • Keep in mind that minimum wage makes it harder to get a job in the first place (supply and demand) and a higher minimum wage causes inflation.

    Just… something to note there. If minimum wage wasn’t so high more 16 year Olds would get jobs while they still live with their parents and can afford having low wages - so they have experience later.

    Effectively what we have right now is a paradox where you need experience to get a job, but every job requires a certain amount of experience. This is because of the minimum wage, companies literally cannot afford to train people on the job.




  • The labor is making the cake. And the boss gets the $20 because of their labor of working the company and managing it. The delivery driver most likely would not have

    1. Access to rhe TV
    2. Know who wants the TV had his boss not said “hey here is this TV, you need to deliver it to this adress” Unless he was doing it on his own, in which case there is no boss to be involved here. I.E. owning your own business. Which I know tankies hate.

  • So the problem with Marxism is that labor isn’t considered something that individuals own themselves. Either in socialism it’s owned by the state, or in communism it’s owned by “the people”

    The M-C-M’ cycle is just kind of… how things work? There is labor involved in changing currency for commodities, and exchanging the commodity for more money than originally bought for. Like doing maintenance on the commodity, maybe transportation, etc. The only way you can purchase a commodity and then proceed to sell it for a profit is if some labor had occurred to make that commodity more valuable. Therefore the extra money comes from that labor. You can’t buy a TV from Walmart for $400 and try to sell it for $500 right out the front door, but someone might pay a premium for you to deliver it to their house.

    Point being that’s the fundamental flaw with saying “M-C-M’ bad” because it doesn’t account for labor, much like most marxist theories.