Jamila is a reactionary Black blogger who has appeared in the comments section. I praised her earlier before I checked out her politics, and now I have to think otherwise.
First of all, it is certainly despairing that over 95% of race realists are fanatical pro-capitalists, either reactionaries or Libertarians. I never knew race had anything to do with economics! There are actually some deeper reasons for this seemingly strange alliance of race realism with hard Right politics, but I don’t have the time to go into it now. Suffice to say that hereditarians are almost always Social Darwinists, and have been since the days of Galton. I’ll let you ponder why this is so.
Jamila is opposed to minimum wage laws:
But either you eliminate minimum wage laws and allow unskilled workers to charge something for their work, or you make them unproductive members of society – because no one will hire them at the rate that laws say they have to be paid–and you end up making the productive members of society take care of them via subsidized housing, food stamps, cash assistance, child tax credits etc.Thomas Sowell has written extensively on how minimum wage laws harm unskilled workers.
Sowell is a reactionary who pursues a blatantly and objectively anti-Black politics. Jared Taylor, pre-eminent White nationalist, has said that he would vote for Sowell for President, so Sowell is palatable to the worst White racists of them all. That does not speak highly of Sowell’s project in terms of Black folks.
If jobs below minimum wage in the ghetto were offered…well, they would not be. There are no jobs of any kind in the ghetto, minimum wage, below, or above. If you drop the minimum wage to zero, the ghetto is not going to be flooded with job openings. Any below minimum jobs that opened up would be mass rejected by all the Blacks of the ghetto. Only illegal aliens would work them, like they already do.
If no minimum wage laws means paradise, the 3rd World would be Paris everywhere. It’s not because they aren’t.
The best living conditions are to be had in places where the workers make the highest wages. The shittiest conditions are in places where the wages are very low. This shoots the whole anti-minimum wage argument right there.
Capitalists need to hire workers. If there are jobs that need to be filled, capitalists in general will just fill them, since they can make a profit by hiring the worker via the Labor Theory of Value. If the position goes unfilled, the capitalist loses because they handle less volume, can’t keep up with work or customers, or have to close early. No capitalist wants labor holes in his business. That right there is bad for business.
Labor holes in a business cost the capitalist big bucks. That’s why capitalists advertise for workers, pay them, and mark up their labor as profits. Sure, there’s increased costs with hiring workers, but they are generally less than the costs of having a labor hole. Anyway, you can pass on the increased costs of the workers to your customers and make up the difference. You can’t do that with a labor hole.
Another thing to consider is Fordism.
The best places to live in the US are where wages are high. Highly paid workers, not the rich, spend most if not all of their money. They buy not just necessities but luxuries, high item stuff and utterly frivolous things like gambling excursions to Las Vegas. Profit margins are high, and businesses don’t compete by price-cutting so much because people with good incomes don’t compare price tags so much. In fact, many are willing to pay a “luxury markup” just for purchasing goods in a luxury zone. Businesses tend to be long lasting, and the malls are full of shops.
Areas with low wages tend to have poor economies since workers spend every nickel of their paychecks on necessities like rent, cheap food, gasoline, utilities, insurance and other bills. There’s literally nothing left over, and they are typically broke by the end of the month, if not before. The few businesses that survive fight to make it by mass price-cutting to attract broke customers. Profit margins are slim, and businesses go out all the time. Result is urban blight, which causes further job losses via capital flight to wealthier areas.
If the extra workers or higher wages raise the costs of doing business, you simply raise prices. As the minimum wage laws apply to your competitors too (Assuming they don’t use illegal labor!), you don’t lose any business, since your competitors are operating under the same economic laws you are and have to pass on all of their increased labor costs too.
$8 an hour won’t break a single businessman anyway. And the US minimum is $7.25/hr.
You have to understand who is pushing this pro-worker argument. The capitalists! Sowell is an apologist and spokesman for the enemies of the workers – the capitalists. The capitalists are the workers’ enemies, through and through, 100%, all the way, always and forever. This is a Law of nature as hard and fixed as Newton’s. The capitalists never, ever, ever promote anything that is in the workers’ interests. Anything they push related to workers is always and only anti-worker.
If getting rid of minimum wage laws was cotton candy for workers, workers would be behind it in a New York minute. They’re not because it isn’t. Who’s it good for? The capitalists! Duh. That’s why they are pushing it.
C’mon people, really, this is economics 101 here.