882
you are viewing a single comment's thread
view the rest of the comments
[-] SCB@lemmy.world 1 points 1 year ago* (last edited 1 year ago)

Which is a breach of the EMH, and evidence the whole process fails

No it isn't, because,

If goods are not traded somewhere near “real value”, then supply and demand go from being the effective tool capitalists claim to being downright wasteful at best, and Police-Theft at worst.

This just shows your misunderstanding of the concept of value.

A well-governed economy is one where the unions sit back and go “well shit, we got nothing to ask for because we already have it, and if we ask for more it’ll bankrupt the employer”

Here we largely agree. Unions are kind of like the LGBTQ or deaf communities, in that ideally they would have no reason to exist.

As a side note you may want to consider that fishermen are paid well because it's not a job many people want to do or can do (as it is often dangerous and always tied to a specific locality) and thus competition for the role is not as broad, meaning wages go up exponentially. Same reason linemen, which is also about the same skill level, make so much money.

[-] abraxas@sh.itjust.works 0 points 1 year ago

Just because you don't agree (or didn't understand) with what I was saying about the concept of value doesn't mean I am misunderstanding it. You don't have a monopoly on how value works.

Have a great day. I don't intend to reply again.

[-] SCB@lemmy.world 0 points 1 year ago

I don’t intend to reply again.

Always cracks me up when people say this. Peace out bro, thanks for not sharing more misinformation. Have a great day yourself.

this post was submitted on 13 Sep 2023
882 points (97.8% liked)

News

23259 readers
1572 users here now

Welcome to the News community!

Rules:

1. Be civil


Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.


2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.


Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.


3. No bots, spam or self-promotion.


Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Post titles should be the same as the article used as source.


Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.


5. Only recent news is allowed.


Posts must be news from the most recent 30 days.


6. All posts must be news articles.


No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.


7. No duplicate posts.


If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.


8. Misinformation is prohibited.


Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.


9. No link shorteners.


The auto mod will contact you if a link shortener is detected, please delete your post if they are right.


10. Don't copy entire article in your post body


For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 1 year ago
MODERATORS