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comment by JackTheBandit
JackTheBandit  ·  3887 days ago  ·  link  ·    ·  parent  ·  post: How does raising Minimum Wage not cause inflation?

Actually, I think this conversation should happen from the other end of the spectrum. I really wish there'd be a discussion on why we allow individuals to extract so much from the economy in the 1st place. What reasonable argument is there for ANYONE to be compensated MILLIONS of dollars in salary when have this mountain of evidence that it's not helping humanity in anyway? Nor should anyone be extracting money via the stock market having done nothing, but bet correctly. The entire proposition has been crazy to me.





wasoxygen  ·  3887 days ago  ·  link  ·  

Suppose Lady Gaga writes and records a new song. It's a hit. We say it's a hit because millions of people are happy to pay 99ยข for a recording of the song.

Lady Gaga receives millions of dollars. Each fan receives a song they enjoy. Has anyone been harmed?

If you ask me "why we allow individuals to extract so much from the economy in the 1st place" I am inclined to say that it is not my business to tell Lady Gaga or her fans what to do, as long as they are not bothering me.

Millions of sales, initiated voluntarily by generally satisfied customers, appears to me a mountain of evidence that people are using their resources as they choose to improve their own lives.

JackTheBandit  ·  3887 days ago  ·  link  ·  

I dont know. I question the use of the word "voluntary" in this American society where you're literally bombarded with marketing and outside influences trying to direct your life from birth for the purpose of profit more than anything else.

I mean, from my current perspective, what you're saying is that those millions of people are the architects of their own suffering by allowing a select few to control the resource used as a means of survival in the system (money.)

wasoxygen  ·  3887 days ago  ·  link  ·  

    the word "voluntary"
You are concerned that advertising influences the way people spend their money, yet you want to talk about "why we allow" people to receive money in exchange for goods and services. If you do not allow people to sell stuff, you are directly controlling them.

Do you believe that, if you or someone you approve of can control the way others behave, you will make better decisions for them than they do?