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Another thread about minimum wage? Supposn, you seem to be obsessed with the [i.e. minimum wage rate] topic! ... If you want to invest in the future, put your money into robotics. It's the next big growth industry.
Blisterpeanuts, due to our current policy of seeking free trade, I believe that a substantial portion of robotic devices and their components used in the USA, will be imported into our nation. That’s based upon my second economic obsession; the improved trade policy proposal described within Wikipedia’s “Import Certificates” article is superior to all trade policies, (including free-trade policies) proposed for any trade deficit nation.
[The unilateral policy is only recommended to Nations that are otherwise trade deficit nations. If USA, the nation of greatest annual trade deficits adopted that species of Import Certificate policy, it would economically benefit from it to a greater extent than it could benefit any nation of lesser annual trade deficits].
I have no reason to believe any nation, within my lifetime would adopt this superior trade policy. But similar to other government policies, once one nation adopts the policy, other nations will perceive and follow the successful example.
Due to our current policy of seeking free trade, I believe that a substantial portion of robotic devices and their components used in the USA, will be imported into our nation. Respectfully, Supposn
Automation is a better way for many businesses to do things, it cannot be stopped.
CNC manufacturing of many different items is revolutionary. So many steps in the manufacturing process have been eliminated by machines that "employ" very sophisticated software, cutting-out many humans in the process.
If a higher minimum wage isn’t enacted, it would mean that the USA is no longer a democratic republic?
You’ve really gone off the deep end. . .
TaxPhd, you quoted my words, and then presumed to rephrase them and change their meaning? I hope you didn’t deliberately intend to do so.
“If a higher minimum wage isn’t enacted”, meaning differs from “If something completely contrary to that expectation should occur”.
Respectfully, Supposn
What happens when some tech mogul is able to create an AI platform that can make better decisions than C-level execs, board members etc?
Who needs all these high paid "leaders" when I can just input some data into a computer and come up with the optimal decision? I'm guessing only then will automation become a problem. Maybe we can throw out the bums in Congress lol!
TaxPhd, you quoted my words, and then presumed to rephrase them and change their meaning? I hope you didn’t deliberately intend to do so.
I haven’t changed the meaning of anything. If you intended to say something different, you should have used different words.
Quote:
“If a higher minimum wage isn’t enacted”, meaning differs from “If something completely contrary to that expectation should occur”.
Respectfully, Supposn
Unless you are expecting a lower minimum wage to be enacted, which I’m sure you’re not, my conclusion is 100% correct.
Blisterpeanuts, due to our current policy of seeking free trade, I believe that a substantial portion of robotic devices and their components used in the USA, will be imported into our nation. That’s based upon my second economic obsession; the improved trade policy proposal described within Wikipedia’s “Import Certificates” article is superior to all trade policies, (including free-trade policies) proposed for any trade deficit nation.
[The unilateral policy is only recommended to Nations that are otherwise trade deficit nations. If USA, the nation of greatest annual trade deficits adopted that species of Import Certificate policy, it would economically benefit from it to a greater extent than it could benefit any nation of lesser annual trade deficits].
I have no reason to believe any nation, within my lifetime would adopt this superior trade policy. But similar to other government policies, once one nation adopts the policy, other nations will perceive and follow the successful example.
Due to our current policy of seeking free trade, I believe that a substantial portion of robotic devices and their components used in the USA, will be imported into our nation. Respectfully, Supposn
The pay of the common soldier is also reduced to a minimum — determined purely by the production costs necessary to procure him. But he exchanges the performance of his services not for capital, but for the revenue of the state.
In bourgeois society itself, all exchange of personal services for revenue — including labour for personal consumption, cooking, sewing etc., garden work etc., up to and including all of the unproductive classes, civil servants, physicians, lawyers, scholars etc. — belongs under this rubric, within this category. All menial servants etc. By means of their services — often coerced — all these workers, from the least to the highest, obtain for themselves a share of the surplus product, of the capitalist’s revenue.
But it does not occur to anyone to think that by means of the exchange of his revenue for such services, i.e. through private consumption, the capitalist posits himself as capitalist. Rather, he thereby spends the fruits of his capital. It does not change the nature of the relation that the proportions in which revenue is exchanged for this kind of living labour are themselves determined by the general laws of production.
90% of the posts in this thread appear to be written by idiots.
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