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I do not support a livable wage

Discussion in 'BBS Hangout: Debate & Discussion' started by Air Langhi, Jun 7, 2017.

  1. larsv8

    larsv8 Member

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    Businesses that are well run should be awarded the added customer base sacraficed by companies that go out of business due to not being able operate without paying slave wages. That is the free market at work.

    And if prices adjust upward to reflect the true cost of a good or service, so be it. The tax payer deserves the right to choose to pay for a good / service or not, and this empowers them to do so, as opposed to now, where Tax payers subsidize business owners, by paying for food stamps, assistance, etc. because they are poorly run, relying on slave wages.
     
    Deckard likes this.
  2. cml750

    cml750 Member

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    I do not think you truly understand the truly "FREE" market. Hint a truly free market does not impose wages in the manner you perceive
     
  3. larsv8

    larsv8 Member

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    A true free market is theoretical absurdity and serves as nothing but a distraction in economic discussion.

    "Free market" is the common vernacular used to encapsulate our current US market where underlying government labor laws are a contributing factor. If that bothers you, you can simply reread my post and omit that sentence. The overlying premise does not change.
     
  4. fchowd0311

    fchowd0311 Member

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    A 'True free market' is nothing more than a hypothetical similar to how a reversible carnot cycle is an ideal case for a heat engine. There is no such thing as a true free market. A true free market would have individual citizens paying for their own national defense with privatized military.

    A true free market doesn't work in real life.
     

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