No it isn't natural that there are low income (and we agree that low income are those who couldn't afford a lot of things that moderate and above average earners enjoy).It's naturally permanent, because naturally there always will be those low income. — ssu
It doesn't have to be this way, though. — L'éléphant
If income varies even a bit, there will be low and high income.No it isn't natural that there are low income — L'éléphant
Yet this defintion simply needs the idea of absolute povetry.we agree that low income are those who couldn't afford a lot of things that moderate and above average earners enjoy — L'éléphant
Okay, I meant poverty income -- those just above or below poverty level set forth by the government, depending on inflation and per capita income of a country. If there's basic income for everybody, no one has to do stupid jobs.If income varies even a bit, there will be low and high income. — ssu
Yep. And for this you basically have to have measure of absolute poverty.Okay, I meant poverty income -- those just above or below poverty level set forth by the governmen — L'éléphant
Or perpetual unemployment benefits. Now a welfare state does create it's own problems, but these are really not so big to the problems of there being no welfare state or there cracks in the welfare network, through which people can fall into absolute poverty.If there's basic income for everybody, no one has to do stupid jobs. — L'éléphant
I don't think income inequality is the issue here. I'm talking about meeting more than basic needs and not slave away for crappy jobs. There will always be income inequality, but that's not the same as bringing the bottom on higher economic scale so that housing and healthcare are not based on income.Why I took this up is because if one let's say just looks at income inequality, then you can get draw wrong conclusions about the issue. Because the fact is that income inequality decreases when there is a war or a severe economic depression. That hardly is good for the poorest, who a hit the most. — ssu
No, not necessarily unemployment benefits. But universal basic income.Or perpetual unemployment benefits. — ssu
I'm not sure what you mean here. But yes, we can have capitalism without the few getting the lion's share. When wages are a matter of allotted budget, and not what the employees are worth, then we have a problem. The board of directors or business owners could always justify that "this is all we could give to wage budget", without thinking of the worth of labor or contribution employees provide.If you desire greater capital, then it is achievable to the degree that you give effort. Partake in more capitalistic endeavors. — chiknsld
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