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Topic: idea: minimum wage
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Ward
rabble-rouser
Babbler # 11602
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posted 01 December 2006 12:33 AM
quote: Originally posted by M. Spector: This thread is ridiculous. The vast majority of people who work for minimum wage are employed by small businesses, many of them unincorporated, and the ones that are incorporated are not publicly-traded. The idea that the most vulnerable and oppressed members of the working class ought to be compelled to invest money in their employers as an alternative to receiving a decent wage is so offensive to any progressive-minded person that it could only be the brainchild of a malignant troll.
The concept I was considering was for employers to invest into a workers registered savings plan. And, as with an rrsp, the owner of the plan (the worker) can invest in just about anything. Putting a little aside for any sort of savings is tough at any income level. Owning stocks and bonds, adjusting your portfolio to increase its offshore holdings etc... strikes me as a behavior of the bourgeois. A destructive behavior. Destructive because it is an economically important behavior that is left in the hands of too few individuals, that collectivly, have not enough power,influence or will, to actually control the corporate beast. Raising minimum wage by 1 or 20 dollars would, in the grand scheme only add zero or move a decimal point around. If the entire population were to ultimatly, collectivly and equally share finacial influence (and understand that they have such influence) over the market, it would then be possable to address the social shortcomings of the current situation. "They" would become "Us"
From: Scarborough | Registered: Jan 2006
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