Brewha wrote:Okay, let's pretend you really do have a magic book lists what labor is worth everywhere. So Walmart opens in Beverly Hills. And since no one is more worth more than three dollars an hour, and for some totally unexplainable reason they can't find people to work there for that. Then the government should bus in low paying labor so that the good citizens of Beverly Hills could have their shelves stocked at a labor rate that is correct?
Any job is worth what it costs you to have people do it. Get it? And if no one is willing to do the job then you have to pay more. And if you have lots of available labor and can drive the price to dirt then you can do that too. Except at some point you are driving people to slave labor - by not sharing an equitable measure of the profits for the work they do. And I would tell you that's wrong, but I don't think you get right and wrong.
Face it Victor, for you the biggest kid deserves all the milk money. And you cannot see beyond that.
So if your house keeper gets pregnant, give her a 50% pay cut. After all she's not moving as fast and now she really needs the job.
It's been five years. Stick up crowbar in your wallet and give them miserable SOBs up pay increase.
Dude... you never took an economics class did you?
If the value of a labor is worth less than what the labor pool is willing to do the work for, then the work does not get done. This isn't hard to understand. If specific labor produces $1 worth of value for an hour's worth of work (as in the intrinsic value of the goods increases by $1 due to an hour's worth of labor), I can't pay $10 for the labor. If no one will work for the $1, then the work is not worth doing within our society.
And no, a job is NOT "worth what it costs to have people do it". If the product of that job is worth less than the labor the people producing it demand, then it's not going to happen.
You simply don't get it. You want to have your cake and eat it too. I have simply pointed out to you that your desire to raise the minimum wage (you've never said to what level, but as you claim all workers must have a living wage, I will assume it is to between $10 and $20 an hour) will have significant impact on the demand curve surrounding labor. I asked you to explain how you'd deal with that.... and you fall back to "you're an evil fat cat capitalist" claims.
Get better at your arguments Brew, and stop dodging my points, I get very bored when you don't actually engage in a conversation.