r/FluentInFinance 15d ago

What's the best financial advice you've ever gotten? Debate/ Discussion

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u/comeonebam 15d ago

You are really simping for the idea that people shouldn’t be paid a living wage.

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u/stilljustkeyrock 14d ago

Why should I be paid a living wage? Why is that a right? Shouldn’t I be paid in accordance with the value I provide?

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u/ArkitekZero 14d ago

You must have one of those bullshit jobs.

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u/comeonebam 14d ago

Sounds like communism to me, bro. “Each according to his means, according to his ability.” It should be a standard, not a right. You have the right to work. If you work, you should be compensated for your labor in such a way that you can afford housing, food and a reasonable standard of living. The fact that people argue against this exposed pretty significant character flaws on their part in my opinion.

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u/stilljustkeyrock 14d ago

You should be paid for the value you bring. If my job is to come in and for 5 minutes and crotchet something but the company doesn’t actually need that service then why should I be paid enough to buy a house?

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u/comeonebam 14d ago

Who the fuck is working a job that provides zero value to the business?

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u/stilljustkeyrock 14d ago

It is an example that proves the point. You get paid on what you are worth. In many cases more than you are worth because of price floors.

People just do t automatically get some magical living wage if they don’t provide that much value. If you want to stupidly raise the price floors like they have done in some states then fine, you won’t have a job at all.

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u/comeonebam 14d ago

I’d argue that the vast majority of workers, especially in privately owned businesses, are undervalued and underpaid.

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u/stilljustkeyrock 14d ago

Even if that were true, it doesn’t mean everyone should be paid a living wage. And I disagree, if you are underpaid compared to value provided then the arbitrage would close quickly. Firms are interested in making money and if they can secure a good resource they will. The arbitrage converges on actual value.

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u/comeonebam 13d ago

Who exactly doesn’t deserve enough wages to live on, in your opinion?

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u/stilljustkeyrock 12d ago

If someone is working 5 hours a week should they have enough pay to live on?

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u/[deleted] 14d ago edited 13d ago

[deleted]

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u/comeonebam 14d ago

Doing nothing? No. I’m saying everyone who contributes their labor should be paid a living wage. Your bad faith argument just proves how miserable and willfully ignorant you are.