this post was submitted on 12 Aug 2024
807 points (96.8% liked)

World News

38979 readers
2924 users here now

A community for discussing events around the World

Rules:

Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.


Lemmy World Partners

News !news@lemmy.world

Politics !politics@lemmy.world

World Politics !globalpolitics@lemmy.world


Recommendations

For Firefox users, there is media bias / propaganda / fact check plugin.

https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/

founded 1 year ago
MODERATORS
 

cross-posted from: https://lemmy.ml/post/19046336

you are viewing a single comment's thread
view the rest of the comments
[–] undergroundoverground@lemmy.world 4 points 2 months ago (1 children)

Too low wage and the government will top up those being underpaid by their employer, effectively passing on part of the burden of pay to the tax payer.

If wages rise too high, the government will always step in to make sure it doesn't continue.

Its highly externally regulated and ultra manipulated by the people who buy labour and own for their money. Sadly, some people still beleive in the "invisible hand" blessed be its name story.

[–] BlackLaZoR@kbin.run -2 points 2 months ago (2 children)

If wages rise too high, the government will always step in to make sure it doesn't continue

What do you mean by that? If you mean progressive taxation then I agree - IMO this is an inevitable result of democracy - in particular one citizen one vote rule.

Progressive taxation of middle class and spending that money on benefits for poor is a way of buying votes. If you can buy multiple votes of poor people at expense of one middle class vote, it's a winning strategy.

[–] Gsus4@mander.xyz 3 points 2 months ago* (last edited 2 months ago)

Progressive taxation is fair: someone who makes 0 from the way society is structured pays 0, because the system is clearly not working for them. Someone who makes the average wage contributes accordingly, but they are not a winner. People who are doing very well are paying a premium to society for creating the conditions for them to be doing so well.

Too bad that when you go even higher the effective tax goes down again due to all sorts of accounting tricks and outright evasion.

[–] jorp@lemmy.world 2 points 2 months ago

Pesky voting rights! For too long have the ultra wealthy had to suffer under the dictatorship of the majority. Votes should cost money and there should be no limit to how many you can buy.