Tag Archives: wage slavery
MORE JOBS, LESS WAGES
Wow! The unemployment rate supposedly just went to the lowest rate since 2008. That should be awesome news (if true), but it really isn’t because wages aren’t increasing. It’s stories like these that foster the impression of a recovery even … Continue reading
WHY WE ARE WAGE SLAVES: THE CIRCULAR LOGIC EXPLAINED
Extremely eye-opening discussion with economist L. Randall Wray about, among other things, how money is ultimately valuable only as payment for taxes, which is how labor is compelled and the government controls the populace. If you want to check it … Continue reading
PART 2: WHAT “RECOVERY”? WHO CAN AFFORD ANYTHING?
Who can afford anything? Not many people, it seems. As noted in yesterday’s post, half of America cannot afford the house they are “buying,” while at the same time rents are skyrocketing, with the number of people who pay half … Continue reading
IF WE’RE GONNA HAVE FREE MARKET WAGES, CAN WE AT LEAST HAVE A FREE MARKET?
Because currently, we do not have anything approaching a free market. A free market would not have bailouts, bail-ins, subsidies, licensure requirements, exemptions from regulations as size increases, QE, ZIRP, rigged prices, etc. Libertarians often say that a minimum wage … Continue reading