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View Diary: Why $17 an Hour Should be the Minimum Wage (95 comments)

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  •  It's the way we determine value (3+ / 0-)
    Recommended by:
    Klusterpuck, NoMoreLies, dadoodaman

    itself that is all wrong.

    That's why folks like Limbaugh and Dimon are rich.

    As with intelligence, we measure these things too narrowly.

    People whose contributions have a negative impact on society are not valuable. Period.

    What's the point of letting neoliberals into the tent when neoliberalism is burning down the campground?

    by Words In Action on Mon Apr 01, 2013 at 10:57:17 AM PDT

    [ Parent ]

    •  How would you suggest (2+ / 0-)
      Recommended by:
      erush1345, nextstep

      "we" determine "value" -- and that includes who the "we" is that sets "value."

      Right now, "value" is set by (1) the person selling labor or products deciding how much he/she is wants to part with the product or provide the labor; and (2) the person buying the labor or products deciding how much he/she is willing to spend of his/her money or property for the labor or products.  When they overlap, that's "value."  

      I'm not sure how you propose "we" "determine value," and who is the "we" who do that.  

      Certainly, you can decide that Limbaugh is not worth spending your time.  And you can decide you would never pay Jamie Dimon one cent to do anything.  But how do you prevent others from deciding that THEY want to spend their time listening to a certain radio personality or how much THEY are willing to pay a person to be a CEO?

      •  Obviously a core problem with current (3+ / 0-)
        Recommended by:
        Klusterpuck, NoMoreLies, dadoodaman

        capitalist markets and government regulation of them (i.e., Mixed economy) is that they are not adequately regulated to address societal goals other than the financial interests of capital.

        This is why can't address Climate Change, even though it is a gathering threat that could devastate millions of species, including ours. Clearly, better regulation and better regulatory enforcement could change that.

        This is why we have an unhealthy, unfair income and wealthy pyramid. Clearly, better regulation and better regulatory enforcement could change that.

        You write as if these are mysteries or the result of immutable laws. They aren't. Which is exactly why we have seen so much change so quickly the past three decades.

        These things aren't just coincidence. They are the result of the takeover and control of policy by a few who have no interest in the general welfare.

        And apparently you agree with them.

        And "they" could not accomplish their goals with the support of people like "you".

        What's the point of letting neoliberals into the tent when neoliberalism is burning down the campground?

        by Words In Action on Mon Apr 01, 2013 at 03:53:19 PM PDT

        [ Parent ]

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