Do people in your country think they are allowed to get all they need even if they don't contribute enough to society...

No it doesn't, prices for everything will be readjusted for the new demand.

Businesses have closed due to this. New York is an expensive market and regular people will only pay so much for food and drink.

you might as well be commie if bankers live rent free in your head

Go lick more banker boot, maybe they'll pay you for it one day

"Cleaning cumstains in the pornbooths" wasn't a business worth keeping around.

>oh no won't someone think of the poor Canadian who can't afford a second iPhone in his family

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This. Why are Swedes so dumb?

So perhaps prices are kept artificially low by paying a lot of people a sub-par wage?

That's exactly what all of them want - they don't work but screech all day: GIB GIB GIB GIB GIB!
Here everything except food and apparel. Communism basically

>Oh no! Won't somebody think of the poor wall street bankers! They have families to feed! Their children are crying because they can't afford a fourth yacht!

You dumb bastard. Do you know how expensive it is to live here? Your average person wont be able to afford to eat or drink at places paying $33 an hour to wash dishes. So they wont go out and the places will close. This isnt about wall street.

>cbsnews.com/news/nyc-restaurants-cut-staff-hours-to-cope-with-minimum-wage-hike-hitting-15/

killing bankers won't solve your country's problem trust me

minimum wage workers are paid in what they're worth

Well Swedes are part of the human race, and humans are in general pretty fucking dumb. Speaking of which, Sweden's minimum wage is 0$.

>megacorporations
They already pay their staff above $15 this hits smaller businesses mainly in the service industry. If it is unprofitable then they close.

Same in Finland, but unions negotiate sector-specific "minimum wages"

Feed the flames then.

If you live in America and haven't destroyed property at least once in your life, you are a slave.

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What's the point of businesses that cannot operate without exploiting workers?
In the Netherlands shitloads of restaurants are opening up everywhere but they can't find people willing to work for €9/hour and complain about the job market killing their business. Bunch of retards.

>by paying a lot of people a sub-par wage?
Most Americans are above the poverty line and social services help the rest. You arent supposed to make a career of washing dishes. These are temporary jobs before you get a real one.

>hurt the economy by just sitting on money
>Let's get 100 dollars be the new 10 dollars lmao small shops won't adjust their price accordingly trust me

Just because they are not real jobs doesn't mean you can still underpay people, and I would like to remind you that the US has so many service workers you don't have enough highschool and college students to do all those jobs.

>to get all they need even if they don't contribute enough to society to deserve it?
Typical leftists

>In the Netherlands shitloads of restaurants are opening up everywhere but they can't find people willing to work for €9/hour and complain about the job market killing their business. Bunch of retards.
So the business fails and their are less jobs. How is that good for the workforce?

You misunderstand. People open up new bars and restaurants and cannot find employees because they refuse to pay according to demand.

>These poor little small time business owners who can't afford a BMW.
If your business plan is just exploiting people - well, fuck off. Anyway if people are earning more in other sectors they are able to spend more for food and other services.

Raising the minimum wage will rise the inflation. it will causa damage to the exact same poor people crying over it.

>So the business fails and their are less jobs.
You could apply the same argument to child labor.

That headline is kind of right when you think about it, despite raising it to 15$ it hasn't kept up with the inflation, making the current US minimum wage adjusted to inflation even lower than the minimum wage back in the 60s

>Just because they are not real jobs doesn't mean you can still underpay people, and I would like to remind you that the US has so many service workers you don't have enough highschool and college students to do all those jobs.

They arent under paid though. I worked retail with cashiers that were paid about 35k a year and owned their own homes. Pay varies based on region and demand. Even in the NE there were people I worked with making only $10 an hour who were still doing fine because of social programs paid by taxes. People like waiters and bartenders hourly pay is misleading here because tips offset that pay and most under report their tips.

Forgot graph

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working on farms was unironically a good thing for children

Nice strawman.

My friend picked blueberries when he was 13 and we worked in a warehouse at 14. We blew the money on stupid shit t.b.h.

Only a few people actualy conribute anything.
The extremely rich for example, are well known for evading taxes.

>People like waiters and bartenders hourly pay is misleading here because tips offset that pay and most under report their tips.
So waiters and bartenders in the US are millionaires in hiding?

The reasoning behind minium wages is to save people from exploitation if there isn't any balance of supply and demand.

The extremely rich contribute the most. Also a lot of poor people evade taxes, for instance by buying alcohol from Estonia.

It‘s not a strawman it‘s standard ad absurdum, brainlet.

Do you realize how much 33 USD is? Do you realize that if the minimum wage raises to that point, everything will just get more expensive?

Yes but it keeps you from being a spoiled little shithead

>The extremely rich contribute the most.

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Yeah, I'm sure burger flippers are the true heroes of society

>t. doesn't understand economics

You will hurt the common people's lives before those corporation feel anything, you want to hurt them get guns.

That's an idiotic notion. No kid is ever going to be forced to do real work, so it's pointless in that regard. At worst the menial labor will scare them off from seeking any form of future employment or education.

In many countries, such as African ones, kids are less spoiled than firsties and actually work

>strawmanning this badly
t. underage

>thinking that a job that requires flipping burgers, taking orders from customers, and cleaning tables necessitates the wage of 33 dollars and hour

>exploitation
Your work doesn't worth shit mate, all real values like properties are out of reach and overinflated. Inflating your wages will only inflate basic necessities

The rich inherit their wealth and use it to exploit the poor, corrupting every sector of society in an attempt to maintain their wealth.

And rape. And kill. Because they didn't get the chance to mature properly.

>economics
That's the modern equilvalent of slaughtering a goat and reading it's offals.

Talking about offals..

The rich dump their money into equity which is huge for corporations. If they were taxed more then i'd have no problem with them

Just don't live in a shithole

They're giving back a fraction of the money they've stolen over the years and demand gratitude. It's disgusting.

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>dump their money into equity
Yes, and you‘d have to be really special to think that a neet who parked his wealth at an asset management or VC firm and yields millions for doing literally nothing is a larger contributor to society than your average qualified specialist actually selling his labor.

>contributor to society
lmao wagecuck delusional

>oh no, think of the poor megacorps, it's not like they don't pay fucking taxes and are on the receiving end of government welfare

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>Let's redistribute bankers' money who totally didn't inflate their money back to the society, what could go wrong?

Based underagebro.

In the eyes of farmers you are a parasite as well

hOw DaRe ThE pOoR dEmAnD lIViNg WaGe

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Dropping hard truthpills there.

The people hurt most by a 33 minimun wage would be poor workers whose labor isn't worth nearly that much and small businesses who can't afford to pay because they have tighter margins than megacorps who shit money

Total compensation follows the trend line

>First world problem

>kill the rich
>economy suddenly collapses or slightly less rich people take their place
Commie retards are out in force today

Your labor isn't objectively worth anything, it's only worth what other people are willing to pay for it, and that is the market.

No, that's retarded. "Sitting" on the money is the basis for banking and investment in new industry and technology and lowers the interest rate which actually lessens the rate of inequality growth

Tranny discord ITT

I‘m not and you‘ve yet to produce an argument.

Most of these "small businesses" is an empolyer letting some underpaided migrants doing most of the work and putting the benefits in a new car.

if you wanna eliminate poverty
you gotta eliminate the poor

we simply overproduced
if 1 man owns 1 plot of land and makes 10 children, his children own 1/10 of the land.. if they make 10 children too, average man owns 1/100 of 1 plot of land

population grew, but not the planet, planet is the same, resources are physically limited while our population grew
less people = more land for everyone
less people = more houses for everyone
less people = more everything for everyone

Lmao if you had your way there would be no businesses kept around that employed people who were uneducated and unskilled

Sub par? The market determines wages. There is no objective value to labor

Yeah lol destroy things and make life worse hoping for a violent crash of all institutions so you yikes gangers can implement a corrupt, violent dictatorship with shitty economic policies

Based

Why won't you take arms and kill corporation bosses instead of demanding wagie to be raise? Actual production work is done think about it

Really showed it these damn communists there.

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>"Sitting" on the money is the basis for banking and investment
In this case the valu is generated by IBs and asset managers, not capital holders.

>productivity of the total economy
You are aware that most of it is due to automation? You know, when you replace the guy that costs you 60k a year with a machine?
I wonder what's going to happen when a minimum wage employee starts costing 100k a year in salaries/taxes

You ain't producing shit office wagie

You don't have a source for that claim do you?

>difference between IDP and GDP deflators
>including self employed laborers' productivity while excluding their pay
>excluding fringe benefits

>productivity of the total economy
You are aware that most of it is due to automation? You know, when you replace the guy that costs you 60k a year with a machine?
I wonder what's going to happen when a minimum wage employee starts costing 100k a year in salaries/taxes

>Yeah lol destroy things and make life worse hoping for a violent crash of all institutions so you yikes gangers can implement a corrupt, violent dictatorship with shitty economic policies

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>I wonder what's going to happen when a minimum wage employee starts costing 100k a year in salaries/taxes
What do you even think most minimum wage employees do these days? Produce things?

That's true but more money "sitting around" a priori and according to the evidence accelerates economic growth and decelerates income inequality

Still no arguments and just sperging. You might want to try Jow Forumspol.

Yikes. Move to portugal or cuba you commie shitter

>You don't have a source for that claim do you?
That's the segment of business owners who typicall make these claims.

>slave labour was worthless

True, I don‘t have a problem with wealth accumulation, it‘s just funny when brainlets start talking about capital holders „contributing“ solely through passive ownership.

Right I'll tell the farmers that your work hours is paid more than him. Then he'll raise his product price adjustment accordingly

Nah, they're all pointless activities like Walmart greeters. Americans have no dignity, and when you have no dignity the shamless pursuit of money is all that matters.

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Farmers are very well aware there are people who are paid more. You once agin forgot to include an argument or at least a coherent point.

Germany's branch of communism fits my needs right now. We even get teached evolution theory in school.

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Right once your wages get raised by corporation bosses surely those farmer won't demand their salary to be raised as well since you sat your ass in office while they sweat in the sun

The cost of goods comes down to technology in this day and age, not labor. This isn't the 1920s where you just set up 4 walls and a roof and call it a factory.