- cross-posted to:
- workreform@lemmy.world
- socialism
- breadtube@lemmygrad.ml
- cross-posted to:
- workreform@lemmy.world
- socialism
- breadtube@lemmygrad.ml
if you have questions for the creator of this video, there will be an AMA this Thursday
if you have questions for the creator of this video, there will be an AMA this Thursday
That is not an argument against fiat currency or government. Merely and acknowledgment for the necessity of responsive and responsible government.
The quantity of goods is not set. It can grow and shrink. Therefore the money supply should be allowed to grow and shrink. Something only Fiat currencies can do. Further having a unit of currency that is the value in and of itself while also being finite. Always arrives at the point at which in order to increase one’s own value. It’s inevitably becomes more effective to hoard said resource. Increasing its scarcity and your own perceived value at the cost of everyone else. Something that cannot be done effectively with a fiat currency. The more they hoard the more they can be printed to keep the economy and Society liquid.
In fact there is no currency more perfect than a Fiat currency. It has no inherent issues unto itself. Any issues that arise from it always arise from those administering it. Not the concept itself. We should have never let thieving capitalists set the value of our currency. It should have always been tied to the value of a worker’s labor and paid to that worker. Our monetary policy failures are failures to tax effectively.
What is your thought on the fair tax idea where the IRS would be abolished and a 20% sales tax put in place so the IRS cant ruin lives because you filled out a form wrong. Personally i think we should either have no tax at all and no central government or we should have everyone pay the same tax as everyone else. Doing it as a sales tax would disincentivise buying in excess and help reduce debt too since people would be less inclined to buy something and have to pay the tax on it. Sure, a millionaire may buy a farari, but they are going to pay 20% tax on it and not very likely buy one again next year.
Fair tax is anything but fair. Disproportionately punishing those that are not wealthy. People must consume to survive. Taxing that would only impact their ability to survive in the long run. Conversely the wealthy get wealthy by stealing more than they consume. Making a flat 20% tax on their consumption useless. As the amount of their theft consistently increases. Our ability to recover it decreases.
A recurring 20% tax on wealth might be workable. But that isn’t what the so called fair tax has ever been about. There should be no minimum wage anywhere in the world. There absolutely however should be tightly controlled maximum wages and compensation. After which things are taxed at 100%.
I see your point. Please elaborate on no minimum wage though. Wouldnt that just mean a business owner could get away with paying someone say a penny per hour? I do agree on max wage though. Maybe a 5x what your lowest paid worker gets? So if your lowest paid worker got $20k/year the max the CEO could make would be $100k. If they want more then thats fine once they raise their minimum pay from $20k to something higher they can have more.
Yes but it would be combined with guaranteed fulfillment of basic necessities for members of society. No one would be homeless unless they chose to be. No one should starve unless they chose to starve or everyone starved. No one’s labor would be worth hundreds to thousands to millions of times more than anyone else’s labor. And no one should be forced into debt slavery to survive.
We will only truly have liberty if we can actually choose to “work” at all. And not just have the illusionary perception that we have any say of who we work for.
Outside of all that, someone could absolutely try to entice someone to work for pennies an hour. They shouldn’t be entitled to much more themselves however. And would be unable to effectively force someone to accept such compensation if they didn’t see it as fair. So more power to them.
Ah, i see where you are coming from now.
Yes. Basic libertarian mindset. Maximizing freedom within reasonable bounds. Not dogmatic blind anarchism. But solidly anti authoritarian and anti capitalist.