You'd panic if you had a business and you were forced to pay unaffordable wages...socialism cannot work in an enterprise society...
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Tony Wilkinson Squad PlayerP.L.22/23 Entrant P.L.23/24 Entrant Supporter P.L. 20/21 Top 10Stop hovering to collapse... Click to collapse... Hover to expand... Click to expand...
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Hulmebantam Squad PlayerP.L. 21/22 Entrant Supporter
A living wage only becomes necessary and problematic in a society with significant inequality.
The most ridiculous aspect in the country is the cost of housing. People living in crappy accommodation, broadly funded by the taxpayer, giving huge profits to landlords and investment companies.
While I do feel at times that the more affluent could pay a bit more tax, I think it is hard to argue that someone earning £50k a year should pay more tax which ultimately is then funnelled into the pocket of an investment firm paying negligible tax in this country.Stop hovering to collapse... Click to collapse... Hover to expand... Click to expand... -
Those seething at the dumb shîte Corbyn says won't be half as outraged at the drivel Trump, Farage, Reece Mogg etc spout.
As long as person delivering the misguided opinion is on the same political end of the spectrum as you and then it's fine. Corbyn does it however...
"HE'S NOT FIT TO THE COUNTRY!!"
It's far too predictable. -
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A guaranteed income, whether minimum wage or basic income, on the face of it appears good, but paradoxically, provides an opportunity for employers to make that a default rate. Regardless of potential, effort or ability. -
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River_City_Bantam Squad PlayerP.L.22/23 Entrant P.L.23/24 Entrant P.L. 20/21 Top 10
This whole thread ties in very well with a book I've owned for decades and finally got around to reading: G.B. Shaw's "The Intelligent Woman's Guide to Socialism, Capitalism, Sovietism, and Fascism," first published in 1927 and reissued with the chapters on Sovietism and Fascism added in 1937.
Shaw is, as ever, eminently readable, and thought-provoking. Inequality of income is his target; he's excellent in his criticisms of the ways in which income is, or has been proposed to be, distributed throughout society, e.g. to every woman what she produces, to every woman what she deserves, to every woman what she can grab, plus more.
But, a baby, or those too old or ill to work, produce nothing but must consume; who could ever decide what A) deserves compared to B), and what would the criteria be; all who are weak, or meek, will lose out to the strong and determined regardless of morality; and so on.
Shaw's solution is Socialism. But mark his definition of what makes someone a Socialist -- the one goal you must have is equality of income for everyone in the nation. If you don't accept that, you are not a Socialist. Everything else either leads up to, or follows from, that one guiding principle. And as far as I can see, he expects this income to be such that all can live comfortably -- both rich and poor are to be abolished.
He is, or at least seems to be, completely blind to the problems with his solution. It requires, as he states, national control of all income, which means national ownership of all real property (the land) and of all production -- everything. Only then can the nation distribute an equal income to all inhabitants. So the inhabitants must be subordinated to the state, and if some get killed as a result, that seems to be just a cost of doing business (as it were). He is very blasé about the body counts under the Soviet and Nazi regimes; I expect he'd have been equally so with respect to the Maoists. As the person who wrote the introduction to the edition I have put it, he loses all touch with humanity on occasion. But he is consumed by an idea, a theory, to the exclusion of all else.
I should also note that his definition of Communism really implies communal benefits derived from communal funds. E.g. we pay our rates and taxes, we get, say, roads and bridges -- the roads and bridges don't care if we are rich or poor, black or white, male or female, ethical or unethical -- we all get to use them. Many Communistic things are part of our everyday existence therefore, and we are the better for them.
I recommend the book to anyone interested in these sorts of questions, no matter what your political leanings are.
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90 years on, and inequality of income is as big a problem as ever. The middle class shrinks, and the gap between the two extremes keeps widening. Add to that machines replacing humans in many places, and we will soon get to the point that a basic national income, a living income, is going to be necessary, because there simply will not be enough jobs.
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NorthernMonkey Squad PlayerP.L. 20/21 Entrant P.L.23/24 Entrant
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I also know another person that was pretty much forced to give up work as she was just as well off sitting at home with no working income.
The second one it's obviously a different situation and one that may well be resolved in a new system but both are issues and examples of the problems that might still remain with a national basic wage. -
River_City_Bantam Squad PlayerP.L.22/23 Entrant P.L.23/24 Entrant P.L. 20/21 Top 10
My post was long enough as it was without going into greater details, but Shaw does have the solution for your comment. Remember that state control of everything is fundamental to his vision -- you are not going to be given the option of being lazy; you will work your allotted hours, as will everybody else, you will get your state-determined income, equal to everyone else's, you will get your leisure time, as will everybody else. Those who choose to be lazy -- to not contribute to the work needed by the state -- will nonetheless be fed and clothed and supported by the state until the state eliminates them. It is, ultimately, a very authoritarian regime.
Socialism/Communism as it has been implemented by exceedingly fallible people indeed does not work, but socialistic/communistic elements do: health services, pensions, the police, the military, infrastructure, etc. All of these are paid for communally, and the community benefits from them.
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Socialism and capitalism are two sides of the same coin, The powerful get rich and the poor remain poor,
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Offcomedun Important PlayerQatar 2022 Entrant P.L.22/23 Entrant P.L.23/24 Entrant Supporter Euro2020 Winner Euro 2020 P.L. 20/21 3rd Place
Even at a time of low taxation, minimal job security and record low interest rates, big business and the rich refuse to either borrow to invest or to put any of their record wealth back into the domestic economy.
It's a double whammy. No only do they refuse to invest their wealth to promote our economy they also choose to squirrel it away in overseas havens, thereby avoiding even our very basic taxation and starving the economy.
Thatcherite 'trickle down' economics is a massive sham. The idea that if you free up the rich to invest then their entrepreneurial spirit will grow the economy and benefit everyone has been promoted by successive governments for the past 40 years. It's a myth. We're still waiting for these wonderful enterprise capitalists to fulfill their side of the bargain. They've got their low taxation, ultra low interest rates, low inflation, zero hours contract flexibility, and the power of organised labour has been reduced to impotence. All the conditions supposedly required to allow the free market economy to flourish are present in spades and have been for years. But still we wait for this 'enterprise society' to deliver the goods. Removing exchange controls allowed the rich to easily move their money offshore to avoid tax. It seems that they always choose the quick buck over the hard work of growing business. A deregulating Johnson government with a working majority would just throw more petrol on our burning economy. -
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