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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: LindyBill who wrote (578057)	5/21/2015 5:50:50 AM
From: unclewest	Respond to of 793955

*A $15 Minimum Wage Bombshell in Los Angeles* Not so long ago, Greece had somewhat similar demonstrations. The panhandlers surrounded the major sites, accosting tourists every day.

To: LindyBill who wrote (578057)	5/22/2015 6:22:41 PM
From: Maurice Winn	Respond to of 793955

Making it illegal to have a job won't help the people looking for work. <Workers’ share of the economic pie has been shrinking for decades as the gains from labor productivity have flowed increasingly to profits rather than pay. A result has been an economy that is less resilient and more unequal. Low-wage workers who have been demonstrating for higher pay are leading politicians where they need to go, and the real leaders among those politicians are following the workers.> It doesn't matter where the low-wage workers lead the politicians, the politicians can't make people worth more than they are in the world-wide supply and demand balance. 7 billion people competing for jobs and business is a LOT of people. Since billions of them earn only a few dollars a day, that's a LOT of competition. And it's wonderful. The economies of scale nowadays are fantastically amazing. One Geek can do some Ruby on Rails magic and a billion people can copy/paste and benefit immediately. A billion chips can be made from cheap silicon/gallium. One scientist can think how to fuse hydrogen atoms to make electricity and the price of electricity can fall to near zero. Another can make gravitons spin in reverse making anti-gravity transport available solving huge transportation congestion by enabling 3D collision-free movement at speed. Meanwhile, Cyberspace is taking over everything in the biggest paradigm shift ever, not just since the Industrial Revolution, or since the invention of the wheel, nor since the invention of sexual reproduction. This is as big as the invention of DNA a billion years ago. DNA enabled wet-chemistry cognition and intelligence. Silicon in chips and fibre has enabled electronic/photonic unbounded cognition and intelligence which doesn't die due to telomere depletion and with umpty quadrillion nodes/routes/sensors makes the human brain like an abacus compared with a supercomputer. We need to get teleological and theological to think about what it all means. The Cosmos is causal. God does not play dice [contrary to the small-minded quantum theorists]. Making it easier to employ people and disemploy them would be a better way of helping. Shift happens. Luddites lived with it. It's good. Ted Kaczynski disagreed. Mqurice