originally posted by: OpenMindedRealist
If these people used the same approach when running a hot dog stand, they would say 'I'll accept whatever you will pay, and you can still get all
the toppings. Sure, they will sell some hot dogs, but there is no question they are short-changing themselves. Just like the customer won't pay much
for that hot dog, the employer won't pay more than they have to in order to keep that worker around.
This is absolutely correct, "modern business owners" are essentially "rent seekers". Offering the minimum product or service that the customer
will accept and in turn paying the minimum wage that an employee will accept. As many have said currently there are 100 people willing to take a job
someone else doesn't like or gets fired from, so employers, in the pursuit of "rent" continue to offer shoddy products/services using shoddy staff
training, shoddy wages and benefits. Those who get the most "rent" while paying the least amount in training, benefits and wage costs WIN! So as in
any "rental" relationship, is it the duty of the paying tenant to fix the broken water heater? Basically modern employers are "rent seekers"
hoping their Handymen/employees pay out of their own pocket to satisfy the customer/renter. Ah.. the foolish "boot straps" mentality of those small
business owners dreaming of their chance to one day be part of the 1% at the expense of others.
BUT in the grander scheme of things, the problem with the labor market today in the USA is that there is TOO MUCH labor available for employers to
choose from. Limiting that available labor is the ONLY effective means the masses will have on wages and costs for services in the future, not
voting, not civil unrest and not conservation.
Basically we have TOO many people being born and not enough desire on the behalf of the "owners of capital" to employ them all for the sake of
having a stable and safe civilization to live in day to day. The owners of capital want more people born, not simply for "growing the future tax
base", but for the true purpose of DECREASING overall wages for everyone. More people, MEANS less jobs and pay per person, affecting even the
educated and highly skilled. Its actually quite simple for the peons/peasants of the world to start having more say in how the world is run. Simply
don't have children nor support those having children. The results will be wages soaring and diverse employment options, expanding for all.
I have been making the argument, for a very long time, that the ever increasing "non-1%'er" population is lowering the overall influence of those
whom are NOT in the 1%.
How is this possible, you ask?
Because its easier to "pay less" or "nothing at all" to contracted or indentured "labor" when there is another willing laborer/slave waiting in
the wings to do the work for less or nothing at all. Its actually quite simple, if those NOT in the 1% refused to get married or have babies from here
on out & aggressively block any future immigration, the 1% would very quickly need to raise wages. Otherwise nothing the 1% want to get "worked on"
would ever get done. When low-wage/low-skilled labor becomes scarce in the larger market, wages go up.
There are not enough paying jobs to go around as it is and the "baby makers" somehow think bringing another human onto the earth is a good idea.
Their future, unborn, child is going to do nothing except drive down wages for everyone else who was already here. These people, quite simply put,
need to rethink their purpose in life. Its not to make babies in a world without a job for them to earn a living from. People who think like this are
doing nothing more than driving the rest of us deeper into slavery at the hands of the "owners of capital", whom use the many "extra living
bodies" as an excuse to constantly drive down wages and increase the costs of goods, due to BOTH increased demand or lack of demand. People need to
change their world view, RIGHT NOW, its not about making babies anymore! Save a job for a person already born and living, by getting a vasectomy and
vilifying those who choose to make more human beings through biological reproduction!
Guess when the largest “recorded” wage increase happened in history for, non-land owing, wage-laborers, post the introduction of fiat currency?
I’ll tell you, it was after the black death pandemic in the 14th century, especially in post-pandemic England.
How is that possible?
Because “the owners of capital”, post-black-death-pandemic still needed wage-laborers, but there was a HUGE shortage of able bodied people, so, in
order for ANY "work to get done" they had to pay the peasants and other undesirables more, SIGNIFICANTLY MORE. This principle is still at work
today, when you take the time to recognize that portions of the population are actively discouraged from participating in the full-time labor market.
This is easily done, by throwing people in prison, forcing them to attend formal school longer and allowing more people to claim themselves as
disabled or collect long/short term welfare. The next obvious step for government to further reduce the number of people participating in the
full-time labor market is to allow them easier access to welfare or as some have been recommending lately, a guaranteed minimum wage or allowance that
everyone gets, without having to provide labor to an employer first. I’m not going to go into any specific economic theory, but this above noted
cohort of non-participants, collecting a base amount of guaranteed welfare/allowance, will likely keep wages stable for those whom are still working
full-time. If all people capable of working full-time, entered the job market simultaneously, wages would crash and to a certain extent have, as of
Contrary to popular, academic and authoritative opinions, history has already proved my above inference to be VERY effective against the 1% quest to
drive down wages. Hence, if those NOT in the 1% refused to get married or have babies from here on out & aggressively blocked any future immigration,
both legal and illegal, the 1% would very quickly need to raise wages for non-land owing/peasants/undesirables/wage-laborers, etc. Otherwise nothing
the 1% want to get "worked on" would ever get done. When low-wage/low-skilled labor becomes scarce in the larger market, wages go up, FOR EVERYBODY.
For us the peasants, "self induced labor shortages" is one of the few ways to get the "owners of capital" to pay more for services rendered. This
includes the concept of the UNION, but Americans have already voted against their interests in that respect. All they have left now to negotiate with
is making less babies and stopping both legal & illegal immigration.
Its not simply about "wealth redistribution", its about an overabundance of labor on the market and the ability of the 1% to artificially drive down
wages of the 99%. When the Black Death came about and wiped out "excess labor", the 1%'ers of the day somehow found "extra money" to pay said
labor, for services rendered. Which means it was always available and wages could have been higher previously, but instead the 1%, of the day, chose
to play the game, "pit the desperate against each other".