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re: Restaurant die-off is first course of California’s $15 minimum wage
Posted on 6/19/17 at 5:00 pm to Will Cover
Posted on 6/19/17 at 5:00 pm to Will Cover
Now all of the people that were going on strike to be paid $15/hour to clean up the shitter at McDonald's will be making zero dollars per hour because there won't be enough jobs to go around for them thanks to places closing up shop or downsizing big-time.
1
Posted on 6/19/17 at 5:01 pm to Chucktown_Badger
quote:
Ahhh...so are you one of those people that thinks that all the pharmaceutical companies have the cure for cancer already and are just making things incrementally better over time so that they can maximize profits?
strong red herring argument, derpster
to keep it factual, we will find that most pharma and tech companies spend more money on marketing than they do on research and development
says all you need to know right there
"but muh socialism"
Posted on 6/19/17 at 5:02 pm to rocket31
quote:
capitalism strictly monetizes ideas that are profitable.
And?
quote:
an idea or innovation that may be practical or even a life saver will not gain traction in a capitalist market unless the result would be private profit
If it doesn't save time or money, how is it more practical than what you had before?
quote:
cellular phones, tvs, gaming consoles, etc make minimal tech improvements each year to maximize profit - it is the epitome of stifling technological innovation
And if tomorrow the govt took over apple or Microsoft and they no longer made money on their new inventions and technological Advancements, what would be the incentive to create new phones or tech?
Profit is the driving force behind innovation. You take that away, then what is the point of making something better? Faster? Safer?
Posted on 6/19/17 at 5:02 pm to Big EZ Tiger
quote:
Now all of the people that were going on strike to be paid $15/hour to clean up the shitter at McDonald's will be making zero dollars per hour because there won't be enough jobs to go around for them thanks to places closing up shop or downsizing big-time.
Or they won't get those jobs because people who are "more" educated/reliable/smart/etc will be taking them because of the better income. And the people at the bottom that this was supposed to help will suffer.
Posted on 6/19/17 at 5:02 pm to Will Cover
What a goddamn shocker
Posted on 6/19/17 at 5:05 pm to MontyFranklyn
quote:
Communism, kind of. Socialism, not so much.
Pray tell. What technological Advancements did the Soviet union come up with?
What Advancements and research are being done in Nordic socialistic countries?
I'll give you a hint... Very. Very. Little.
Posted on 6/19/17 at 5:10 pm to rocket31
quote:
to keep it factual, we will find that most pharma and tech companies spend more money on marketing than they do on research and development
So what exactly does that say, in your opinion?
Posted on 6/19/17 at 5:11 pm to beerJeep
quote:
Profit is the driving force behind innovation. You take that away, then what is the point of making something better?
Profit might drive research but there have been tons of inventions that happened just because someone wanted an easier way to do something.
You think the person who invented the wheel or the plow was thinking about profit margins or market share?
There are technologies that are sitting in patent offices because it's not profitable enough for the company that owns them. I saw one for a new kind of camera sensor (that uses a LAB filter matrix instead of an RGB matrix)that would filter out less light and thus have more accurate colors and better low-light performance but it won't be produced because it's not profitable enough.
It's still profitable and it's a better product. But no one can make it because the patent holder is essentially holding the technology for ransom.
Posted on 6/19/17 at 5:16 pm to dbeck
quote:
It's still profitable and it's a better product. But no one can make it because the patent holder is essentially holding the technology for ransom.
That's the beauty of capitalism in the US. They put in the time/effort/money to come up with it and they can do with the idea what they want. Of course, if it's not profitable enough to produce, perhaps it's not that great or necessary of an invention.
Posted on 6/19/17 at 5:17 pm to beerJeep
turn off rush limbaugh and the obvious brainwashing and read The Entrepreneurial State.
most innovations, contrary to popular belief, are undertaken by the public sector.
77 out of the most important 88 innovations were found to be funded dependent on federal support
most innovations, contrary to popular belief, are undertaken by the public sector.
77 out of the most important 88 innovations were found to be funded dependent on federal support
Posted on 6/19/17 at 5:19 pm to 777Tiger
quote:
you took that the wrong way, I'm saying that raising the wage of the lowest part of the food chain of a restaurants' payroll by a few bucks is not going to be the demise of the establishment
This guy clearly doesn't know how small the food profit margins are for restraunts
Posted on 6/19/17 at 5:20 pm to Chucktown_Badger
quote:
Of course, if it's not profitable enough to produce, perhaps it's not that great or necessary of an invention.
the internet was a publicly funded innovation
what cave do you live in?
Posted on 6/19/17 at 5:20 pm to dbeck
quote:
Profit might drive research but there have been tons of inventions that happened just because someone wanted an easier way to do something.
Easier way of doing things leads to a higher profit margin and or lowers the marginal cost of that activity.
Take the wheel. He may not have "profited" off of it in a traditional sense. But the made his job easier, quicker, and more Efficient. Instead of taking him all day to move grain back and forth, it takes him half a day. Thus freeing time to do other things.
Posted on 6/19/17 at 5:22 pm to dbeck
quote:
It's still profitable and it's a better product. But no one can make it because the patent holder is essentially holding the technology for ransom.
indeed, the major technological breakthroughs - even in a country that holds socialism as a "dirty word" - were socialist.
do not let the low IQs fool you
Posted on 6/19/17 at 5:22 pm to rocket31
quote:
turn off rush limbaugh and the obvious brainwashing and read The Entrepreneurial State.
Only rush I listen to is the band. Although I do love a good book.
quote:
77 out of the most important 88 innovations were found to be funded dependent on federal support
No link? No example? Cool beans
Posted on 6/19/17 at 5:23 pm to beerJeep
quote:
No link? No example? Cool beans
i said, read. the. book.
inb4 the book is socialist propaganda
Posted on 6/19/17 at 5:24 pm to rocket31
Communist propaganda
Posted on 6/19/17 at 5:24 pm to Vegas Eddie
Posted on 6/19/17 at 5:25 pm to rocket31
quote:
i said, read. the. book. inb4 the book is socialist propaganda
And I said. I love a good book recommendation. Ie. I eventually will. Am I going to stop what I'm doing, go to the book store and buy it now? Uh no.
So cute talk. Run away child
This post was edited on 6/19/17 at 5:25 pm
Posted on 6/19/17 at 5:27 pm to MontyFranklyn
quote:
know I wouldn't care what someone else is making just because of their job title. If they are doing a good job why should I care? T
quote:
The goal is to work as a team and get the job done, not to make sure you are making way more than someone that you feel is supposedly lower than you on the labor scale. Also, you can just cross train them to do multiple jobs in the restaurant if need be.
quote:
a tough concept, but a silly one. To feel that you are devalued because someone else makes close to or the exact same as you is kind of silly. How fragile of an ego does one have to have to care so much about what someone else is maki
grow up Peter Pan 
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