this post was submitted on 22 Sep 2023
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Work Reform

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A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.

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submitted 1 year ago* (last edited 1 year ago) by davetapley to c/workreform
 

A video explaining modern monetary theory and how with a little Marxism it can benefit everyone.

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[–] [email protected] 6 points 1 year ago (1 children)

Which is bad if you have a lot of money, but not so bad if you have a lot of debt and can still sell your labor and its produce.

[–] [email protected] 5 points 1 year ago* (last edited 1 year ago) (2 children)

But also bad if you have pay for things like food and shelter. Then you are just bartering which is less efficient than having actual currency. You can't buy or sell someone half a haircut.

[–] unfreeradical 1 points 1 year ago

If wages rise with inflation, then workers gain relative to those with accumulated fortunes.