When will wages rise with inflation?
And what is your choice of economic theory?
05-30-2021 | 11:40 AM
#54
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the power imbalance between employer and employee keeps wages from rising with inflation in a “free market.” Whether I’m a communist, neoliberal, or paleoanarchist is irrelevant to that statement.
05-30-2021 | 12:33 PM
#56
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05-30-2021 | 01:22 PM
#58
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From: Engines Turn or People Swim
The problem with anything other than free market is that *somebody* has to be in charge... and that somebody will eventually evade all checks, balances, and accountability. Historical examples abound.
05-30-2021 | 02:20 PM
#59
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The 1500 hour rule had more to do with appeasing the Colgan crash family members and pretentiously “outraged” politicians. I am in favor of it, however as a check airman during that era and later, I can tell you emphatically the low time graduates of professional training organizations were way more competent than the middle-aged life changers with 1500 hours of $100 hamburgers. The increase of average IOE from 25 hours to 60-80 is evidence. The regional flying environment is not safer overall with a mere minimum hours requirement.
05-30-2021 | 02:23 PM
#60
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what I said was: the assertion that wages rise to keep up with inflation in a free market is libertarian claptrap, and not true.
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