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In reply to the discussion: AOC responds to Ivanka [View all]discntnt_irny_srcsm
(18,479 posts)49. RE: "Workers are often paid far less than the value they create."
I know of a company that has net income ~ $1.5 billion. This company has 6 employees. How much should they be paid?
In high school and college I took courses in economics. A consistent concept in all of them is that a voluntary transaction only occurs when each party values what they get more than what they give up.
I'm not understanding how to evalueate implementing this idea.
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Like the workers in Vankies sweatshops are paid far less than the value they create.
Autumn
Feb 2019
#1
Yes, Ivanka, people do want to work, and they also want to be paid fairly...
world wide wally
Feb 2019
#9
I want to believe that she's about to be included in the list of warrants forthcoming from the FBI
Fritz Walter
Feb 2019
#12
An old school "Right On!" to AOC. Ivanka is an elitist and knows nothing about
iluvtennis
Feb 2019
#16
Thank you AOC! Trump spawn have no clue. Not a lick of work in their life.
Evolve Dammit
Feb 2019
#26
"If we paid them $15 an hour, fast food worker could earn my $300 million in less than
struggle4progress
Feb 2019
#36
A living wage isn't a gift, it's a right. Workers are often paid far less than the value they create
Glaisne
Feb 2019
#46
Shame, irony, self-awareness, empathy, satire, situational awwreness...
BobTheSubgenius
Feb 2019
#47
A UBI will only supplement low wages, not allow someone to live high on the hog.
Lanius
Feb 2019
#52