Postby Tim Elston » November 1st, 2008, 8:41 pm
What I don't like is how the value of labor has been diminished to the point that even two wage earners don't have enough. It is selfish for corporate exectives to pay themselves multimillion dollar bonuses by means of depleted worker pay. A living wage is a market wage. Less than a living wage deserves a market adjustment, and democratic representation is a market mechanism for effecting that adjustment. To disallow democratic action as a market mechanism is arbitrarily to limit the bounds of the market. Democratic action is a market mechanism, because a free market is unlimited. To exclude democratic reaction to market movements is to bound the market with arbitrary limits and thus to restrict its freedom. The market is the universe of action and reaction, and a truly free market is a market in which insufficiently payed workers have a mechanism by which to react to wage insufficiency. Hurray for the free market. May it poke a selfish millionnaire and billionnaire or two good in the eye!
"And just when you think you've got me figured out, remember, No man ever steps in the same river twice, for it is not the same river and he is not the same man." --Heraclitus