[extropy-chat] Jack's right, he's not ready for reality

[Olga Bourlin]

From: "Technotranscendence" <neptune at superlink.net>

>> And to celebrate the end of minimum wage laws,
>> why not do something completely different (and
>> retro-radical) and bring back the idea of working
>> simply for the *privilege* of working?  With such
>> work incentives and privileges, I ask you, what
>> patriot would even **want** to work for wages?:
>> http://en.wikipedia.org/wiki/Slavery
>
> Huh?  This has nothing to do with patriotism.  Were people in the US 
> before the advent of minimum wage laws all slaves?

I was being F-A-C-E-T-I-O-U-S.

Olga

> The point is people can negotiate for whatever wages they can get from
> an employer and not have a third party -- the government -- dictate what
> the outcome of those negotiations are.  In essence, slavery is what?
> Forcing people to do what they don't want to do, right?  If you agree
> with that, then if someone wants to work for less than the government
> imposed minimum wage or wants to work under rules different than the
> government mandates, then why is that anyone else's business?  Forcing
> her or him to do otherwise is, in essence, almost like slavery because
> you're limiting her or his choices.  Now you might not like the
> particular choices a person has or makes, but that's no reason to limit
> that person's choices from the start.
>
> And the end result of minimum wage laws has been unemployment.  Yes, in
> the short run, there might be a boost in wages, but employers will soon
> start cutting staff.  There's really no way to escape the law of supply
> and demand -- not by wishful thinking or by government edict.  Put
> another way, a minimum wage law does not raise the price of labor as
> such.  It merely puts some laborers off the market -- anyone who labor
> is not worth as much as the minimum wage.  (This has the side effect of
> protecting other laborers from competition, which is why unions like
> minimum wage laws.)
>
> Regards,
>
> Dan
> http://uweb1.superlink.net/~neptune/
>
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