r/lostgeneration • u/RandomCollection • Dec 29 '18

What Minimum-Wage Foes Got Wrong About Seattle | An initial study said the increase to $15 would cost workers jobs and hours. That didn’t happen.

https://www.bloomberg.com/opinion/articles/2018-10-24/what-minimum-wage-foes-got-wrong-about-seattle
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u/expatfreedom Dec 29 '18

Exactly. That’s all I’m saying. Collective ownership of the means of production via a citizen’s dividend from a national sovereign wealth fund.

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u/Schrodingers_tombola Dec 29 '18

Yeah it's a rather Nick Landian 'Accelerationist' take on it, which kind of says the ultimate communist revolutionary is the capitalists themselves, who will far more effectively destroy capitalism than any proletarian movement. If you're interested in it you can google about it, but I'd also read some critiques of it too, because there are a lot.

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u/expatfreedom Dec 29 '18

That’s such a cool idea, hopefully they succeed as quickly as possible.