Listen "369 Against Minimum Wage"
Episode Synopsis
<p><font color="#333333"><span lang="en"><span style="font-weight: normal;">Emergent Order, self-organization, Market Forces, and all the other ways to describe Chaos Theory, is the only way to model complex systems. There's plenty of evidence that this is the case in physics & in economics. Salaries are a prime example of a complex system: there is no way we can predict the impact of a Minimum Wage, but it goes against logic to think that the only thing that defies Market Forces is wages, that if an employee costs more it has no effect on jobs? Yet </span></span></font>Minimum Wage promoters assume that there is no connection between wages & jobs, and they use all kinds of Collectivist claptrap to support their arguments, making it an issue between supporters of Capitalism, and hence, liberty vs. Socialism, just like what most nonsensical debates usually boil down to.</p>
<p style="margin-bottom: 0in;">You can't force customers to pay more than a service is worth to them. It's also ridiculous to think that if a job isn't worth paying a Living Wage, it's not worth doing, or that employees have a Right to an income but owners don't. And who doesn't recognize that Minimum Wage is another factor driving jobs out of the country. Scrap that whole concept of Minimum-Living Wage & instead partially implement "Basic Income," welfare but only if you work. The employer pays the Market Forces value of the job & society makes up the difference. However, among the possibilities of doing nothing verses Minimum Wage, it's better to do nothing than to exacerbate the Jobs problem.</p>
<p> </p>
<p style="margin-bottom: 0in;">You can't force customers to pay more than a service is worth to them. It's also ridiculous to think that if a job isn't worth paying a Living Wage, it's not worth doing, or that employees have a Right to an income but owners don't. And who doesn't recognize that Minimum Wage is another factor driving jobs out of the country. Scrap that whole concept of Minimum-Living Wage & instead partially implement "Basic Income," welfare but only if you work. The employer pays the Market Forces value of the job & society makes up the difference. However, among the possibilities of doing nothing verses Minimum Wage, it's better to do nothing than to exacerbate the Jobs problem.</p>
<p> </p>
More episodes of the podcast PRay TeLL, Dr. Hash
307 Healthcare Concepts
06/01/2026
306 Lowering Healthcare Costs
04/01/2026
305 NHS
02/01/2026
304 How the VA “Failed”
31/12/2025
303 Hospitals As Primary Care Providers
29/12/2025
302 A Quick Healthcare Fix
27/12/2025
301 The Irony of Universal Healthcare
25/12/2025
1500 Feminism Concepts
23/12/2025
1499 Pornography
21/12/2025
1498 Hypergamy, Polygamy & Polyamory
19/12/2025
ZARZA We are Zarza, the prestigious firm behind major projects in information technology.