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Just a reminder...
(lemmy.world)
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this post was submitted on 19 Sep 2024
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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.
Our Philosophies:
- All workers must be paid a living wage for their labor.
- Income inequality is the main cause of lower living standards.
- Workers must join together and fight back for what is rightfully theirs.
- We must not be divided and conquered. Workers gain the most when they focus on unifying issues.
Our Goals
- Higher wages for underpaid workers.
- Better worker representation, including but not limited to unions.
- Better and fewer working hours.
- Stimulating a massive wave of worker organizing in the United States and beyond.
- Organizing and supporting political causes and campaigns that put workers first.
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You're making this sound like it's something that was arbitrarily decided by powers that be, but the fact is that if there was deflation instead, the economy would come to a screeching halt, because it becomes more 'optimal' to hold onto cash under a mattress (since in deflation, it grows in value over time) instead of spending it on goods and services.
A tiny amount of inflation is best long-term, for the whole.
Yeah the gold standard is disastrous for wage laborers, we had a huge fight over this for basically the entire time between reconstruction and the world wars
I don't think the decisions that led to our current monetary system were made arbitrarily, not at all.