Is Fox news unironically the best place to learn about your new favorite social dem?
this post was submitted on 25 Jun 2025
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BTW $30 isn't like a crazy high number for minimum wage. The current number is well below the poverty line for families everywhere in the United States, and New York has a very high cost of living. Minimum wage is explicitly intended to provide "the wages of decent living." $30 per hour might actually be too low for New York City. $61,500 a year is barely going to pay the rent in the shittiest neighborhoods. https://www.zillow.com/rental-manager/market-trends/new-york-ny/
If you give your whole life of working hours to a business, the compensation should be a bare minimum of all of Maslow's hierarchy of needs.
Period.
I'd genuinely be interested to know how many human beings need to work a 40-hour week in order to produce and distribute enough food, medicine, clothing, shelter and education for all 8.2 billion humans, and how many of the rest of us are really just building follies purely just to keep everyone busy.
If tech billionaires insist on continuing to make jobs like "taxi driver" and "checkout operator" obsolete via automation while also refusing to share the proceeds of that automation with the humans whose expertise was used to train said AI and then got replaced, then the question of "exactly how pointless do the new jobs (I mean, 'influencer'? Really?) need to be before we accept that money has ceased to make sense as the way we incentivize people to not have more kids than the global industrial output can sustain?".
It's about 20%, according to Ricardian Theorems.
You can have 80% of the population unemployed given the 20% are elite workers using automation and nearly perfect/efficient automated systems (i.e: Not farming by hand trowel, but one person controlling 10 combines/tractors simultaneously like they're playing Factorio or Farming Simulator)