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In fact, because people with an IQ that low are certifiably retarded/disabled, the employers are exempt from minimum wage laws when hiring them
Wait. How much does it cost to hire a retard army?
Do you genuinely feel that post AI there will be enough employment for zero skill laborers? Pretty sure drivers of every kind, dishwashers, veggie choppers, busboys, lawn mowers, pizza delivery drivers, and especially fast food workers... are all being looked at for robot replacement.
To be a good programmer you need a minimum 115 IQ (just my observation). The best programmers are perhaps the most brilliant people you'd ever meet.
Where in that world does the 30% of population below 90 IQ find an opportunity?
Reality saysThis phenomenon really proves that "unemployable" in most cases is actually the result of minimum wage laws / welfare rules.
If it wasn't for minimum wages laws, wages would fall to $2/h. As a result the end demand would collapse further, and even more debt would be required. Why do you never consider the effect of low wages on spending when half the population already can't come up with 400 fucking dollars?
Jordan Peterson talks about the 85 IQ lower limit for US army employment. Something like 12% to 15% of the population is lower than that, and therefore not intelligent enough to wash trucks.So do we prop up that 12-15% and let them create more retards, or do we let them die off as nature intended?
CBOEtrader saysJordan Peterson talks about the 85 IQ lower limit for US army employment. Something like 12% to 15% of the population is lower than that, and therefore not intelligent enough to wash trucks.So do we prop up that 12-15% and let them create more retards, or do we let them die off as nature intended?
You can think of it as working for the elites, or you can take a wider more expansive view, you can consider the progress that the amalgamation of human work and ingenuity has produced, the cities, the infrastructure, the amenities, the entertainment, the easy access to necessities and also luxuries, the medicine that gives us long lifespans, and the ever escalating technological progress that keeps moving the bar forward. You can consider the absolutely INCREDIBLE advances humanity as a WHOLE has experienced, how an average worker in middle class America has more choices for luxury and medicine than Louis XIV, and you can conclude that human work has moved HUMANITY forward! Sure, the elites maintain an edge over the average man, and they still call the shots for the most part. But the improvements our combined work has wrought upon the land are enjoyed by all of us!
You’re not working for the boss, in furtherance of his bottom line. You’re working for the human race, in ...
What bothers me is that the vast majority of people do not earn enough to pay for a home of their own. The average worker should be able to earn enough from his labor to literally own his own home (home loan paid off completely) after 15 years of work. That cannot be allowed by the elites because then there is less motivation to continue working for them. It is the corrupt banking system that makes us all slaves.
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Half the US population couldn't come up with $400 to face an emergency.
The incentive of capitalism are clear: workers are a cost to be eliminated. And companies have become extremely good at this game. Unfortunately, having customers is also a requirement for capitalism. And customers normally get their cash from wages. This means the system is not stable. It's gravitating more and more around the top 10% of the population. The goals that we are optimizing against are simply not good for society and humanity. The goal can't be a winner take all system. You need to invest in people.
So you see the hollowing of the economy, you see the shrinking opportunities and social mobility, the rise of economic frailties and poverty, the rise of debts to compensate the dearth of incomes. All these are not the results of social programs, or socialism. Instead they are the natural results of capitalism gone wild at a global level.
And it won't stop there:
https://www.zdnet.com/article/global-sales-of-industrial-robots-log-staggering-rise/
"New data confirms anecdotal reports of the blistering hot global automation industry."
"The biggest growth came from China, where sales rose 58 percent."
Ironically the only way capitalism could endure is precisely through more social programs, and a better safety net.
A heavy dose of socialism is the only way to entrench capitalism. Without that, capitalism as a whole is probably doomed.
Suck it up right wingers.