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Australia: "Our society has dealt with significant advances in technology and productivity before and the lesson is that those gains must be reflected in wages, or the social contract will break" (www.ragtrader.com.au)

submitted 1 day ago by [email protected] to c/[email protected]

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[–] [email protected] 9 points 22 hours ago

Low paid workers have demands put on the scarce resource that is wages. If the wages go up, they spend that money in ways that increase productivity.

THIS!!

Seriously giving poor people more money does more for the economy than any tax cut.

[–] PugJesus 38 points 1 day ago (1 children)

That's the fun bit - corporations are so short-sighted they don't care if the social contract falls apart. They can't see beyond next quarter.

[–] [email protected] 22 points 1 day ago (1 children)

The social contract is already beginning to crumble, at least in the US. Insatiable greed knows no bounds in these parts, and them assholes are gonna fuck around until they find out.

[–] [email protected] 3 points 1 day ago

They wont find out. Even when we are homeless we will gaslight ourselves into thinking we can be rich. Its all we americans know.

RUN. FLEE. ESCAPE THIS PLANET BEFORE WE CONSUME EVERYTHING.

[–] Etterra 2 points 23 hours ago (1 children)

I would totally love to live in Australia if it wasn't for the draconian censorship laws.

[–] [email protected] 8 points 23 hours ago

We have so many more problems than not being able to show some types of drug use in video games.