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RE: Steem's #1 Pirate - Abuse & Plunder Report 2018-08-10 (last 24hrs)
Technically true but realistically inconsequential unless you are the @steemit account. There are 60,000 active accounts a day. Even if you team up with a large group and use $6000 worth flags on someone, the average reward gained by the rest would be 10 cents. Considering how much controversy and fighting/trolling would occur because of $6000 worth flags, I'd say that's not the path we should take.
You can't marginalize the concept by twisting the facts and making it look like a small amount on paper. Do you really think you can be that reductive and simplify it down to one account? I've already explained how flags could be used to implement true proof-of-brain and stop any "counterfeit" Steem from being created. That isn't a few cents per person. That's a platform worth 1000 times more than it is now.
People who flag others because they got flagged are immediately in the wrong. This is childish temper tantrum behavior. That kind of wrong action automatically deserves more flags.
You flag something because because in your opinion it's worth less reward than it's getting and you're willing to lose your own reward to burn someone else's. If a person can't remain objective and insists on acting like a raging troll over getting flagged, you're saying the answer is to not flag them? That is so backwards I don't even know where to begin.
War is literally a business. Do you know how much money is made by Big Oil by promoting death and destruction? Again, don't even know where to begin on that front.
And yet again with the $15 an hour thing. As if we can't afford to pay people $15 an hour? How many years have wages been stagnant while production and the top 1% have skyrocketed? Your perspective on the economy is borderline conservative propaganda. You can't have your cake and eat it too. If you want to be conservative you should at least admit that the purpose of war is economic... literally since the beginning of time.
(Hey look at me I've got memes too. )
The problem with this argument is that you can use it to justify abolishing minimum wage all together. Minimum wage has been around for so long (1938) that no one longer remembers what it was like without it. Pick up a history book, and you can see it was bad.
If you don't raise the minimum wage enough to keep up with inflation and standard of living, it's the same as not having a minimum wage in the first place.
No matter how wrong or disproven, there will always be an argument out there claiming the opposite view. You have to look at who benefits from a $15 minimum wage and who doesn't.
Who benefits from $15/h? The poor and dependents.
Who benefits from lower wages? The rich and small business owners.
Which one of these groups has the resources to spread false economic information to make a profit? It really is that simple. Capitalism is predictable.
The only valid point that video brings up is automation. Technology is the reason why unskilled labor remains so cheap. If you raise wages, machines take the jobs.
I have news: we want machines doing all the shit work. We can create food, shelter, and infrastructure with little need for human labor these days. The problem is finding jobs for the displaced workers (if you make the argument that they even need a job). The conservative stance is simply to pay them less. This is a band-aid solution that won't work in the future as technology advances.
Bottom line: $15 an hour wages are also a band-aid solution, as are so many other economic policies like Social Security. The global economy has been on borrowed time for quite some time and a collapse is unavoidable. The 2008 financial crisis was just a little taste. That's why I'm here collecting crypto and trying to be a part of a new economy.
What you know from a history book is century old information about USA. Take a look at many countries that have no such thing as a minimum wage. Some of these countries are much better off that USA or they have seen massive economic growth and increase of the standards of living.
Chile
Monaco
Norway
Singapore
Taiwan
Some other well off countries with very low minimum wage which is actually tend to be lower than the market rate (meaning employers would have a hard time fining anyone to work if they were only paying the minimum wage - Which means minimum wage isn't doing much help to begin with)
Estonia
Georgia
Hong Kong
South Korea
Source: https://www.minimum-wage.org/international
You cannot conclusively link higher minimum wages with improved standards of living.
Businesses + Everyone who buys stuff who end up paying less. The poor won't benefit much from lower wages to those who work on luxury brands. But in many cases everyone would benefit. Minimum wage actually hurt small businesses far more than large multi-billion dollar companies like McDonald and Walmart.