DonFerrari said:
Pyro as Bill said:
It's funny until you realise the Industrial Revolution delivered 1700 years of growth in the space of 30 for the UK and the amount of prolonged suffering and death the Luddites caused is unforgivable (then and now).
Whoever said religion is the only thing that makes good people do evil things and smart people do the dumbest things forgot about Socialism.
|
Well you are right, shouldn't have used "funny".
Socialists and the like refuse to accept that capitalism "by itself" have brought quality of life that basically makes the very poor of today living a standard better than kings of the past.
And all the cries "for the poor" on minimum standards is even crazier. Basically they raise the minimum standard every time, until middle class at the time is considered very poor. Because there are people with a house, 2 cars, food, amenities but that is supposedely bellow the living standard because that person have to work 8h/day.
Without the "greedy and exploitivy" bosses these guys would be on farms working 12 to 14h/day to have only enough to eat.
|
There is too much wrong here to nitpick, but let's keep things simple. "Poverty" means you can't afford healthy food, rent, transportation, and a place to sleep for you and your family.
I work well above minimum wage, as does my wife, and we spend over 1/3rd of our income on rent -- our apartment is not "kingly" by any fashion, does not include a washer and dryer, and is located within 40 feet of an interstate highway. We have no children and we drive used vehicles which were purchased off of family members for dirt cheap. Even so, add in our other bills and we spend over 2/3rds of out income before we even get to buying gas and groceries for the week.
Imagining us trying to raise a child on our income, let alone minimum wage, let alone if either of us were a single parent... There simply would not be enough money coming in to come close to paying the bills, let alone have money for extravagances like movies and video games.
The point isn't that we live better than peasants in the Dark Ages.
The point is that people doing the same job made more (adjusted for inflation) in the 50s than we do now. The "socialism" you decry is simply a rebalancing of a market that is controlled by the world's wealthiest through lobbying. People now work longer hours for less pay than in our recent past, often working more than one job to make ends meet.
The minimum wage, which was explicitly created as a living wage, does not sustain a family of two on 40 hours anymore. Adjusted for inflation, the 1968 minimum wage would now be roughly $12.64/hr.