0_Wizard
Without the minimum wage rising, then wage slavery is similar to slavery and owning or renting a person.
Wage slavery is a pejorative term used to draw an analogy between slavery and wage labor by focusing on similarities between owning and renting a person.
chosen_Wage_slavery_0
Wage slavery
chosen_topic_0_Wage_slavery
Wage slavery
Wage slavery is a pejorative term used to draw an analogy between slavery and wage labor by focusing on similarities between owning and renting a person. It is usually used to refer to a situation where a person's livelihood depends on wages or a salary, especially when the dependence is total and immediate. The term "wage slavery" has been used to criticize exploitation of labour and social stratification, with the former seen primarily as unequal bargaining power between labor and capital (particularly when workers are paid comparatively low wages, e.g. in sweatshops), and the latter as a lack of workers' self-management, fulfilling job choices, and leisure in an economy.
Capitalism
Capitalism is an economic system and ideology based upon private ownership of the means of production and their operation for profit. Characteristics central to capitalism include private property, capital accumulation, wage labor, voluntary exchange, a price system and competitive markets. In a capitalist market economy, decision-making and investment are determined by every owner of wealth, property or production ability in financial and capital markets, whereas prices and the distribution of goods and services are mainly determined by competition in goods and services markets. Economists, political economists, sociologists, and historians have adopted different perspectives in their analyses of capitalism and have recognized various forms of it in practice.
Anarchist economics
Anarchist economics is the set of theories and practices of economic activity within the political philosophy of anarchism. As a rule, anarchists are anti-capitalists. They argue that its characteristic institutions promote and reproduce various forms of economic activity which they consider oppressive, including private property, hierarchical production relations, collecting rents from private property, taking a profit in exchanges, and collecting interest on loans. They generally endorse possession-based ownership rather than propertarianism. The early English anarchist William Godwin's views on economics could be summarized as follows: "he envisages the possibility of specialization in the various crafts, which would lead to a man's following the task for which he had the greatest aptitude, and distributing his surplus products to whoever may need them, receiving what he himself needs of other things from the surplus produced by his neighbours, but always on the basis of free distribution, not of exchange.
Minimum wage
A minimum wage is the lowest remuneration that employers can legally pay their workers. Equivalently, it is the price floor below which workers may not sell their labor. Although minimum wage laws are in effect in many jurisdictions, differences of opinion exist about the benefits and drawbacks of a minimum wage. Supporters of the minimum wage say it increases the standard of living of workers, reduces poverty, reduces inequality, and boosts morale. In contrast, opponents of the minimum wage say it increases poverty, increases unemployment (particularly among unskilled or inexperienced workers) and is damaging to businesses, because excessively high minimum wages require businesses to raise the prices of their product or service to accommodate the extra expense of paying a higher wage.
Minimum wage in the United States
The minimum wage in the United States is set by US labor law and a range of state and local laws. Employers generally have to pay workers the highest minimum wage prescribed by federal, state, and local law. Since July 24, 2009, the federal government has mandated a nationwide minimum wage of $7.25 per hour. As of January 2018, there were 29 states with a minimum wage higher than the federal minimum. From 2017 to 2018, eight states increased their minimum wage levels through automatic adjustments, while increases in eleven other states occurred through referendum or legislative action. Washington has the highest state minimum wage at $11.50 per hour.
United States labor law
United States labor law sets the rights and duties for employees, labor unions, and employers in the United States. Labor law's basic aim is to remedy the "inequality of bargaining power" between employees and employers, especially employers "organized in the corporate or other forms of ownership association". Over the 20th century, federal law created minimum social and economic rights, and encouraged state laws to go beyond the minimum to favor employees. The Fair Labor Standards Act of 1938 requires a federal minimum wage, currently $7.25 but higher in 28 states, and discourages unhealthy working weeks over 40 hours through time-and-a-half overtime pay.
Anti-capitalism
Anti-capitalism encompasses a wide variety of movements, ideas and attitudes that oppose capitalism. Anti-capitalists, in the strict sense of the word, are those who wish to replace capitalism with a moneyless society or with another type of economic system. Socialism advocates public or direct worker ownership and administration of the means of production and allocation of resources, and a society characterized by equal access to resources for all individuals, with an egalitarian method of compensation. Socialists argue that the accumulation of capital generates waste through externalizations that require costly corrective regulatory measures.
1_Apprentice
Yeah, i am really against slavery and i think the minimmum wage should rise
0_Wizard
Similarities in wage labor and slavery were noted as early a sCicero in Ancient Rome
Similarities between wage labor and slavery were noted as early as Cicero in Ancient Rome.
chosen_Wage_slavery_0
Wage slavery
chosen_topic_0_Wage_slavery
Wage slavery
Wage slavery is a pejorative term used to draw an analogy between slavery and wage labor by focusing on similarities between owning and renting a person. It is usually used to refer to a situation where a person's livelihood depends on wages or a salary, especially when the dependence is total and immediate. The term "wage slavery" has been used to criticize exploitation of labour and social stratification, with the former seen primarily as unequal bargaining power between labor and capital (particularly when workers are paid comparatively low wages, e.g. in sweatshops), and the latter as a lack of workers' self-management, fulfilling job choices, and leisure in an economy.
Anarchist economics
Anarchist economics is the set of theories and practices of economic activity within the political philosophy of anarchism. As a rule, anarchists are anti-capitalists. They argue that its characteristic institutions promote and reproduce various forms of economic activity which they consider oppressive, including private property, hierarchical production relations, collecting rents from private property, taking a profit in exchanges, and collecting interest on loans. They generally endorse possession-based ownership rather than propertarianism. The early English anarchist William Godwin's views on economics could be summarized as follows: "he envisages the possibility of specialization in the various crafts, which would lead to a man's following the task for which he had the greatest aptitude, and distributing his surplus products to whoever may need them, receiving what he himself needs of other things from the surplus produced by his neighbours, but always on the basis of free distribution, not of exchange.
Capitalism
Capitalism is an economic system and ideology based upon private ownership of the means of production and their operation for profit. Characteristics central to capitalism include private property, capital accumulation, wage labor, voluntary exchange, a price system and competitive markets. In a capitalist market economy, decision-making and investment are determined by every owner of wealth, property or production ability in financial and capital markets, whereas prices and the distribution of goods and services are mainly determined by competition in goods and services markets. Economists, political economists, sociologists, and historians have adopted different perspectives in their analyses of capitalism and have recognized various forms of it in practice.
Refusal of work
Refusal of work is behavior which refuses to adapt to regular employment. As actual behavior, with or without a political or philosophical program, it has been practiced by various subcultures and individuals. Radical political positions have openly advocated refusal of work. From within Marxism it has been advocated by Paul Lafargue and the Italian workerist/autonomists (e.g. Antonio Negri, Mario Tronti), the French ultra-left (e.g. Échanges et Mouvement); and within anarchism (especially Bob Black and the post-left anarchy tendency). International human rights law does not recognize the refusal of work or right not to work by itself except the right to strike.
Slavery
Slavery is any system in which principles of property law are applied to people, allowing individuals to own, buy and sell other individuals, as a "de jure" form of property. A slave is unable to withdraw unilaterally from such an arrangement and works without remuneration. Many scholars now use the term chattel slavery to refer to this specific sense of legalised, "de jure" slavery. In a broader sense, however, the word slavery may also refer to any situation in which an individual is "de facto" forced to work against their own will. Scholars also use the more generic terms such as unfree labour or forced labour to refer to such situations.
Forty acres and a mule
Forty acres and a mule refers to a promise made in the United States for agrarian reform for former enslaved black farmers by Union General William Tecumseh Sherman on January 16, 1865. It followed a series of conversations between Secretary of War Edwin M. Stanton and Radical Republican abolitionists Charles Sumner and Thaddeus Stevens following disruptions to the institution of slavery provoked by the American Civil War. Many freedmen believed and were told by various political figures that they had a right to own the land they had long worked as slaves, and were eager to control their own property.
Libertarian socialism
Libertarian socialism (or socialist libertarianism) is a group of anti-authoritarian political philosophies inside the socialist movement that rejects socialism as centralized state ownership and control of the economy. Libertarian socialism also rejects the state itself, is close to and overlaps with left-libertarianism and criticizes wage labour relationships within the workplace, instead emphasizing workers' self-management of the workplace and decentralized structures of political organization. It asserts that a society based on freedom and justice can be achieved through abolishing authoritarian institutions that control certain means of production and subordinate the majority to an owning class or political and economic elite.
1_Apprentice
wow, could you tell me more about this topic i find it really interesting