this post was submitted on 04 Sep 2023
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Antiwork
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We're trying to reduce the numbers of hours a person has to work.
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We talk about the end of paid work being mandatory for survival.
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Getting paid better would be nice, but that will just bring the middle class closer to poverty. I've been a part of this community for a few years now and I have been fighting for better wages this whole time. But the biggest pain to me is inflation. Things keep costing more and more, but I keep making the same amount of money. Wouldn't price regulations be a better solution to all of this to all of this? Not trying to start a fight, but looking for a slight skew from the topic.
What would that solve though?
I mean say, a loaf of bread is price regulated at $3/loaf. Do we treat it like the minimum wage and let it sit there for 15 years at $3? What about bread producers? After a few years, they're certainly not getting paid the market price for their production. Is that justified to ensure that bread remains at $3?
The problems of price controls are demonstrated quite convincingly with rent controls versus just building affordable housing: the former doesn't increase the housing supply which means, even if rent is affordable, some people remain homeless.
Idk, how are thinking about it?