Seattle Becomes First American City With Absolutely No Fucking Problems At all

What people like this woman will never understand is that the only thing keeping workers from taking ownership of the means of production in a capitalist system is their own "high" time preference for consumption.

If a bunch of factory workers wanted to pool all of their assets, purchase machinery and raw materials, secure a production facilty, hire administrative workers and a sales force, and open a plant, there is literally NOTHING stopping them.

They don't do it though, because they prefer to work and be paid on FRIDAY instead of waiting months or years to see if thier investment pays off. Their own unwillingness to assume risk and delay consumption is what prevents them from entering the ranks of capitalists.


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So
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Much
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Win

Edit: You made me use more than one gif from my library. Deserves that much awesome.
 


White people created America

White people created the minimum wage, and King Edward III apparently created a maximum wage in 1349.

History of the minimum wage - Wikipedia, the free encyclopedia

but based on the success of the last 150 years, old white guys know what they're doing.

The US federal minimum wage has existed for the last 76 years. During that time no major US political party has made it part of their platform to remove it - or if so, then they ignore their own platform when in control.

Some states have had their own for longer. Massachusetts in 1912, for example, which was even before women could vote.

So the US minimum wage is an entrenched part of American history. Giving too much blame or credit to any one particular person in the year 2014 would seem illogical, captain.
 
Why you guys are making such a big deal about this is beyond me:

Subsidies probably distort the market way, way more:
Over Half of All U.S. Tax Subsidies Go to Four Industries. Guess Which Ones? | ThinkProgress

Doctors, lawyers, contractors and something like 1/3 of all professions are 'regulated' thereby distorting natural pricing.

Oil, corn, etc are all highly controlled and have artificial pricing.

The entire 'public company' model is a distortion of the market (if you think it isn't you don't understand how it works and what a natural market is, in which case I suggest you pick up a copy of The Wealth of Nations)

The list is almost endless. I'd say 99cents out of every dollar you spend is spent on products and services that are artificially priced.

In the end, I'm sure 99% of people here hire less than 500 employees, so it would actually give you a leg up in competing with big companies.

Personally; anything that benefits me personally in a legal manner I'm in favor for. And no, I'm not going to live that long, so fuck everyone else.


This shit reminds me of people that eat shitty food and then worry about GMOs.

Oh and that bitch is crazy and her bullshit tirades make no sense. But so do the backers of virtually all special interest groups; rhetoric is the name of the day; not dialectics. If it were the other way around, we'd have a VERY different world.

PS. if you think we live under a capitalist/socialist/communist society you must be on crack. Power is the name of the game; always has, always will be. If you wanted to apply a word to the structure of modern American society, it would probably be closer to cronyism than anything else, with maybe a little bit of capitalism and socialist-capitalism (where society pays for the blunders of capitalism) mixed in for good measure.

</pragmatism and dark vision of the world rant>
 
I think in Alberta Canada minimum wage is already $15 at least. But that is because of the oil and natural gas fields, not because of the government.

I think this is the best economics argument.

"The minimum wage in Alberta is set out in the Employment Standards Regulation and is as follows: an hourly minimum wage of $9.95 for most employees; an hourly minimum wage of $9.05 for employees serving liquor as part of their regular job;
Minimum Wage - Alberta Employment and Immigration
work.alberta.ca/employment-standards/minimum-wage.html"

You can work the oil rigs in Alberta and make 80-120k/year with no high school. There is a shortage of workers in Alberta... they only open drive thru in Fast Food restaurants because they cannot staff the inside (even though they pay $15-20/hr).

We need to create more jobs and more skilled laborers. Not force companies to pay unskilled under demanded workers more.
 
As far as I know this is a Seattle-city only thing. What's to stop companies and headquarters from simply moving to the Seattle suburbs? So much for the "smartest city in america" thing.

Commercial real estate in Bellevue and Tacoma just got more expensive.
 
As far as I know this is a Seattle-city only thing. What's to stop companies and headquarters from simply moving to the Seattle suburbs? So much for the "smartest city in america" thing.

Commercial real estate in Bellevue and Tacoma just got more expensive.

I think the concern would be that this could very quickly spread county and then statewide.

The only sensible thing for large WA based companies that employ any significant number of min wage workers to do is to move away.

I hope they do.
 
I think the concern would be that this could very quickly spread county and then statewide.

The only sensible thing for large WA based companies that employ any significant number of min wage workers to do is to move away.

I hope they do.

Well in that case the lawmakers involved wouldn't just be evil people wanting re-election, they would be evil people working for subversive masters as well.

Wake me up when the civil war starts lolz (former mid class vs the govt)



edit - thought you said "countrywide" instead of "countywide". They'd have to do it "countrywide" first before people could see what an obvious failure the $15/hr policy is in Seattle. They'd fudge the numbers and make it look like a success before Seattle goes bankrupt, then quickly make a massive push for it to be nationwide.
 
More minimum wage = less poor people and higher taxes collected so better police and government services.

Dumb-Dumber-s-Harry-Lloyd-Laughing-At-A-Burger-Joint.gif
 
Tacoma just got more expensive.

No, lol Tacoma is just as shitty as it ever was. It even smells like shit as you approach. Same with Renton, which is much closer....minorities getting into gunfights weekly, high crime, cheap housing.

Every time you see a cops episode in Pierce county(pretty regularly), it's tacoma...

Bellevue is the rich suburb of Seattle, already too expensive for most people.

Average house in Seattle is $450k....... Seattle Home Prices and Home Values - Zillow everything is more expensive here but you make more.

More minimum wage = less poor people and higher taxes collected so better police and government services.

There is no income tax in Washington State......
 
I think the concern would be that this could very quickly spread county and then statewide.

The only sensible thing for large WA based companies that employ any significant number of min wage workers to do is to move away.

I hope they do.

lol you're dreaming. There aren't any employers heavily vested in minimum wage workers within the city because commercial space is 1/10th the price 20 miles away.

Meanwhile the entire downtown of seattle is torn up in construction as numerous companies are building new skyscrapers.
 
lol you're dreaming. There aren't any employers heavily vested in minimum wage workers within the city because commercial space is 1/10th the price 20 miles away.

Meanwhile the entire downtown of seattle is torn up in construction as numerous companies are building new skyscrapers.

I figured as much, but I'm talking about the likelihood of this $15 min wage idea spreading state-wide.
 
Actually, they've been expecting a megaquake in Seattle since 1991 or so; this is probably the best way to saves lives.

....Too bad it's only going to save the lives of these lazy slobs.
 
Average house in Seattle is $450k....... Seattle Home Prices and Home Values - Zillow everything is more expensive here but you make more.

Phfff, waaaaaa... try $1.3+ million in Greater Vancouver for a detached home (read: complete dump) and, like $600K + if you lump in apartments and townhouses into the index. It's fucking stupid. There's a tear down lot in Point Grey going for $22.8 mil. It has a view, but it's not waterfront. It's nuts. For the same price, you can own 9 French Chateaus...

9 jaw-dropping French castles for price of 1 Vancouver tear down

For the sixth year in a row, Vancouver has been said to be the most least affordable housing in the world, second only to Hong Kong.

Here's what $2.6 mil gets you in Vancouver...

Absurd Vancouver Property (March 6/14) - the thirties grind

Or $1.5 mil (scroll down)...

Absurd Vancouver Property (March 20, 2013) - the thirties grind

$1.2 mil...

Absurd Vancouver Property of the Week - the thirties grind

A steal at only $738k...

Let's play "would you rather" Vancouver real estate style! - the thirties grind

Excellent blog BTW.
 
Can't we just make minimum wage $100 an hour and solve all the poverty in America? What's with all these half-measures? If we're gonna do this shit, let's do it!
 
Phfff, waaaaaa... try $1.3+ million in Greater Vancouver for a detached home (read: complete dump) and, like $600K + if you lump in apartments and townhouses into the index. It's fucking stupid. There's a tear down lot in Point Grey going for $22.8 mil. It has a view, but it's not waterfront. It's nuts. For the same price, you can own 9 French Chateaus...

9 jaw-dropping French castles for price of 1 Vancouver tear down

For the sixth year in a row, Vancouver has been said to be the most least affordable housing in the world, second only to Hong Kong.

Here's what $2.6 mil gets you in Vancouver...

Absurd Vancouver Property (March 6/14) - the thirties grind

Or $1.5 mil (scroll down)...

Absurd Vancouver Property (March 20, 2013) - the thirties grind

$1.2 mil...

Absurd Vancouver Property of the Week - the thirties grind

A steal at only $738k...

Let's play "would you rather" Vancouver real estate style! - the thirties grind

Excellent blog BTW.
Goddamn is it foreigners buying it up or what?

I have a shack in Ohio (zanesville) I bought for $20k when I was 18, and it's bigger and in some ways better than the 350k house I live in in Seattle.
 
I think the concern would be that this could very quickly spread county and then statewide.


[ame=http://www.youtube.com/watch?v=_IrrEbtI9kI]Elected Seattle Socialist Calls For Global Revolt, Starting In WA - YouTube[/ame]


good luck bros
 
What people like this woman will never understand is that the only thing keeping workers from taking ownership of the means of production in a capitalist system is their own "high" time preference for consumption.

If a bunch of factory workers wanted to pool all of their assets, purchase machinery and raw materials, secure a production facilty, hire administrative workers and a sales force, and open a plant, there is literally NOTHING stopping them.

They don't do it though, because they prefer to work and be paid on FRIDAY instead of waiting months or years to see if thier investment pays off. Their own unwillingness to assume risk and delay consumption is what prevents them from entering the ranks of capitalists.

It would be interesting to research about how true this is. I think more employees would do it than they do currently if it wasn't for certain company secrecy regulations, IP laws, recognition of corporations and other laws discouraging them or making it extremely hard for them to do so.

I am pretty sure this would make for a good research subject.
 
What stops a manager of a profitable industrial facility from grouping a section of the workers, pooling / borrowing funds and starting his own clone facility? I'm pretty sure its a bunch of government enforced laws stopping him. Sure, their lack of risk appetite matters but I don't think its the single biggest factor that matters.