Is Economic Equality Achievable in Today's Society?

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In summary, the conversation is discussing the concept of economic equality and whether it is a realistic goal. Some argue that it is too vague and subjective of a concept, while others believe it would lead to a more stable and fair society. The conversation also touches on Marxist ideology and the role of unions in negotiating fair compensation for workers. It is ultimately acknowledged that the definition and value of "work" is subjective and can vary greatly.
  • #36
Originally posted by Zero
So you are saying that the idea that everyone can be rich is false?

In my life I have known a few multimilionaires and one billionaire. None of them considered themselves to be rich. This led me to the conclusion that there is only one rich person at most. I think Bill Gates probably considers himself to be rich, but he might not. True, he has more money than Andrew Carnegie ever had, even adjusting for inflation, but as a fraction of the world's GDP, he has less.

I like to think about Charlemagne. In 800 AD he was the wealthiest and most powerful monarch in western Europe. There are probably about a billion people who live more luxurious lives than Charlemagne did.

Njorl
 
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  • #37
Yes, so the cables won't get buried since the customers want the cheapest cable provider. The government is not going to give subsidies, since the people don't want to pay high taxes. So nothing gets done.

In the meanwhile there is a lot of nuisance when these things get pushed over by trees which get blown over or weighn down by ice.

True, citizens complain, but ultimately it is their own vote. At least in The Netherlands it is where the government is composed of how many parties? I don't even keep count, maybe 10 or so. Each party says what they want to have done, the people give them a number of seats and their power is arranged accordingly.
 
  • #38
euhh.. what does this have to do with economic equality though lol
 
  • #39
Originally posted by Zero
The minimum wage in America is $5.15, which translates to about $10,000 a year, before taxes. Some people in America see the minimum wage as one step from an entitlement program.

so what is in your opinion included in not living in poverty? a car that runs? enough money to eat out once a week? enough to go on vacation once a year? those are actually considered luxuries...the federal minimum wage isn't much i agree if you have the regular debt load and expenses of the typical american-cable tv, internet, a few credit cards, etc...but it is a start for those who need the basics...it is up to the individual to work their way up-whether that be to work hard in a company and wait for opportunity, or attend school to train them for more skills...

the real key for people to having enough money is to live below your means...
 
  • #40
Kerrie, that living within your means stuff is bunk. I make twice as much as that (the $10,000 a year) and I can barely make do. My biggest expenses are my car, my credit card service, and the damn internet. You have to have a car if you live in a place where there is no public transportation, i.e. anywhere outside a city. And public transportation costs money too.

In Chicago, sociologists tell us, a quarter of the people can't afford a decent place to live, at going rates. So they live in not-decent places. They can't work at jobs offered in the burbs because they have no way to get there. And so on. The smug liberationist belief that we are better than they because we deserve our goodies because we work and save doesn't survive a genuine examination of the lives of the poor.
 
  • #41
Just to be clear on minimum wages, does anyone think they are intended or should be intended to be a living wage? I do not.

Also, when discussing poverty, I try to keep things in a global perspective. SelfAdjoint, I sympathize with your situation, but having a car puts you in about the top 10% of wealthiest people in the world. HALF the population of the world has never even had electricity.

And as far as the living within your means thing is concerned, the point there is that there are a lot of people with big houses and big incomes in a lot of debt. You're probably MORE likely to have to declare bankrupcy if you own a house than if you don't for example.
 
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  • #42
Originally posted by Kerrie
...the federal minimum wage isn't much i agree if you have the regular debt load and expenses of the typical american-cable tv, internet, a few credit cards, etc...but it is a start for those who need the basics...it is up to the individual to work their way up-whether that be to work hard in a company and wait for opportunity, or attend school to train them for more skills...
How can you have enough time/money to attend school when you earn $10,000 a year? I think minimum wage should take into account the number of children a family has, it is rediculous that a single person would earn the same amount of money as a single mom with two kids to raise.
 
  • #43
Originally posted by Monique
How can you have enough time/money to attend school when you earn $10,000 a year? I think minimum wage should take into account the number of children a family has, it is rediculous that a single person would earn the same amount of money as a single mom with two kids to raise.

monique, it can be done...i was working a full time job, 20 hours of school per week and raising two children with their father...it wasn't easy, but it can be done...as they say, life isn't a bowl of cherries...

many people work full time, live on their own (most likely with a roommate) and attend school...as for the expense of school, student loans (Direct loans) are extremely easy to obtain...
 
  • #44
Hell, I'm not talking about home ownership and vacations, although a car is an absolute necessity in many parts of the country. And don't forget that I was talking $10,000 before taxes...less after, of course. If all you make is $10,000, you have to own a car because you can't afford to live in town.

Oh, and in case someone thinks I am complaining for my own sake...I own my car, I've got money in the bank, and I am not forced to choose between medicine and food. I don't think anyone should have to live in squalor if the work hard at a job. As bystander pointed out, not every gets to be a millionaire; someone has to work in the service industry. Those folks should get to live in something other than poverty, don't you think? Unless you think we should go the other direction and have a service class that lives in huts and eats gruel two meals a day, so we can keep corporate profits up?
 
  • #45
Something additional to be kept in mind: "the industrial revolution" is not a completed historical event --- the economic dislocations are a continuing effect of trends toward automating mindless repetitive tasks; the market for unskilled and semi-skilled labor shrinks with every step in that direction; public education has not kept pace in terms of producing a "flexible" product (gee, I used to repair typewriters for a living --- now what'm I going to do?). "Social mobility" is going to have to take a back seat to "vocational mobility" in educational philosophies before a dependable standard can be set for "quality of life."

"Utopia?" The machines are going to do it all while everyone lounges around like the "lotus eaters?" Ain't going to happen --- human nature doesn't include satisfaction without some involvement or effort at either producing the rewards, or stealing what someone else has produced.
 
  • #46
Stealing, Bystander? Really?
 
  • #47
Originally posted by Bystander
Something additional to be kept in mind: "the industrial revolution" is not a completed historical event --- the economic dislocations are a continuing effect of trends toward automating mindless repetitive tasks; the market for unskilled and semi-skilled labor shrinks with every step in that direction...
Thats true, but there is an implication that cancels that out: the market for un/semi skilled SERVICE workers is increasing. The US is transitioning toward a service based economy.
 
  • #48
Originally posted by Monique
euhh.. what does this have to do with economic equality though lol
Well, really I think it has everything to do with economic equality. For instance in our area many people for various reasons have decided to go off grid or stay off grid...meaning no electricity. Some have solar many don't even use that...now why should they bear an economic burden (through taxation) for underground lines? or for that matter for other peoples energy needs at all?
Or, in another example..there's a lot of land here so..people will by a beautiful piece of land that is dirt cheap because of it's location..deep in the woods ...on a back woods dirt road...or somewhere that has no electric lines nearby...as soon as more then a few people have bought this land...agian..at absolutely dirt cheap prices..they scream and yell to have paved roads and electric poles put in...at our expense, the rest of the townspeople..so our taxes go up but not nearly as much as the value of their land increases...again at our expense...and then..all of those other investment owners who have held onto the lots they've subdivided sell off at a huge profit, again at our expense..where's the economic equality in that?!
 
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  • #49
yep, good point :)

but just because a few people want to have paved roads doesn't mean only them get it. Usually a subsidy budget would be assigned, after which that is distributed among the ones who want and are allowed to make use of it.
 
  • #50
Originally posted by kat
Well, really I think it has everything to do with economic equality. For instance in our area many people for various reasons have decided to go off grid or stay off grid...meaning no electricity. Some have solar many don't even use that...now why should they bear an economic burden (through taxation) for underground lines? or for that matter for other peoples energy needs at all?
Or, in another example..there's a lot of land here so..people will by a beautiful piece of land that is dirt cheap because of it's location..deep in the woods ...on a back woods dirt road...or somewhere that has no electric lines nearby...as soon as more then a few people have bought this land...agian..at absolutely dirt cheap prices..they scream and yell to have paved roads and electric poles put in...at our expense, the rest of the townspeople..so our taxes go up but not nearly as much as the value of their land increases...again at our expense...and then..all of those other investment owners who have held onto the lots they've subdivided sell off at a huge profit, again at our expense..where's the economic equality in that?!
You sound like a liberal, since that is the exact sort of think that us progressives complain about when we talk about the administration using tax cuts and other methods to transfer money from the middle class to the upper class.
 
  • #51
Originally posted by Zero
You sound like a liberal, since that is the exact sort of think that us progressives complain about when we talk about the administration using tax cuts and other methods to transfer money from the middle class to the upper class.

LOl, thanks...haha I think.
Seriously, I'm a right handed, left winged, Independant.
 
  • #52
Here's something interesting from where I work: in the last year, we have been invaded by the FBI, the stock price dropped into the toilet, and suffered massive layoffs. We haven't gotten raises in two years, the top pay hasn't increased in five years, and middle management has taken a 10% pay cut. This would seem like a 'tighten your belt' time...except that the executives have been giving themselves $20-60,000 bonuses every year. Don't tell me they can't afford to, or it would be bad policy to give me a raise, when some of the bonuses they give themselves are more than what I make all year.
 
  • #53
Originally posted by russ_watters
Thats true, but there is an implication that cancels that out: the market for un/semi skilled SERVICE workers is increasing. The US is transitioning toward a service based economy.

Not sure I can agree with this, but I'm also not quite sure what you're trying to say here. The "service" sector is increasing at the expense of the "skilled" sector? That's the same thing as the IR economic dislocation --- jobs for skilled labor disappear, putting those people into an "unskilled" labor pool for other purposes --- it's not so much an increased service sector market pulling people in as it is an increased labor pool driving service sector "growth." I expect that efforts to raise the labor costs in the service sector will be countered with further displacement of the labor pool by the expansion of automated "this, that, and the other" --- the "U scan" checkout movement is the case in point I've noticed --- self-service gas pumps, vending machines vs. concession stands. Congress decides to kill Walmart's tax breaks for elderly "greeters," and they're gone. There's a diminishing man-hour requirement for work that has to be done --- combined with an increasing population, it adds up to an employer's market. Yeah, there are new industries born every day, and new industries filing Ch. 11 & 13 every day. Dept. of Labor statistics don't help a whole lot as far as saying the bottom line is increased or decreased demand in various employment categories, and I have no clue where else to look to establish facts --- globally, it's the same situation.
 
  • #54
Originally posted by Zero
Stealing, Bystander? Really?

Hustling, scamming, pulling fast ones, coin clipping, and outright thieving. You ran into a few in your pub crawling days, you've got at least one at work (there's one in every shop, office, workplace in America) --- you know, the guy who brings in the box of stale cake doughnuts when it's his turn --- the guy at the bar who buys you a house draft and expects you to reciprocate by covering his next mixed drink?

The "sharpshooters" --- or, is that in the Corps lexicon?
 
  • #55
Originally posted by Bystander
Not sure I can agree with this, but I'm also not quite sure what you're trying to say here. The "service" sector is increasing at the expense of the "skilled" sector?
Thats not what I said. First off, that's "semi/unskilled." YOU used those words in the post I quoted. And there is a big difference. Also, I didn't say at the expense of, though I worded it badly (the word "implication" is the wrong word, it was simply an additional fact).

My point was simply: the fact that the market for service workers is increasing largely cancels out lost semi/unskilled jobs.
There's a diminishing man-hour requirement for work that has to be done --- combined with an increasing population, it adds up to an employer's market.
The facts simply do not support that. Even including the recently passed low point of the current economic cycle, unemployment in the US is relatively low.

Also, the types of jobs you cited were the unskilld ones. There are also a whole lot of semi-skilled service jobs - jobs that require a few weeks or months of OJT.
 
  • #56
"Skilled, unskilled, service" --- I hate PC talk --- I'm going to have to watch out for the "designed" inferences in those terms --- f'rinstance, there are ditchdiggers and there are Ditchdiggers. Skilled? You betcha. Highly trained "service sector" functions? Health care comes to mind --- skilled? Some are and some aren't --- definitely worth shopping around.

Do you agree that there are fewer man-hours required to feed, clothe, transport, and entertain you than ten years ago? I'm arguing a complex conjugate of Malthus, or a corollary, and there are other factors that creep in, but Malthus is qualitatively correct. In the same way as Malthus argues a limit to capacity for supporting populations of a set of resources, I argue that there is a limit to the demands/load that an individual consumer can place on those resources --- if that load is expressed in man-hours standardized on the 1948 wheat crop, or the '54 auto production, or coal production in 1917, it tends toward zero with increasing automation. More leisure time, more services available --- I can't go to the movies, and the opera, and broadway, and Vegas, and Disney World every night.
 
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  • #57
Originally posted by Bystander
More leisure time, more services available --- I can't go to the movies, and the opera, and broadway, and Vegas, and Disney World every night.

Sounds like a personal problem to me :wink:
 
  • #58
Originally posted by Bystander
"Skilled, unskilled, service" --- I hate PC talk --- I'm going to have to watch out for the "designed" inferences in those terms --- f'rinstance, there are ditchdiggers and there are Ditchdiggers. Skilled? You betcha. Highly trained "service sector" functions? Health care comes to mind --- skilled? Some are and some aren't --- definitely worth shopping around.
Why are you complaining? YOU used the words semi-skilled and un-skilled. I even agree with you on the definitions. What is the problem here?
Do you agree that there are fewer man-hours required to feed, clothe, transport, and entertain you than ten years ago?
Yes. But that does not mean that we don't still DEMAND more. Thats the REASON our economy is shifting toward services. The net result is still that unemployment remains roughly the same, but the mix of jobs available is different.
 

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