I had a debate with a socialist, and he told me: British wages should be increased by "decreasing corporate profits".
When I asked for clarification, I was eventually told:
* Caps on CEO bonus/wages
* Increasing the minimum wage
* Limits on prices for various key goods and services
He did not understand that this would merely lower the corporation tax revenues, and stifle investment, leading to higher unemployment.
Competition and productivity improvements are better.
Leah Rowe ist kein Roweboter
npub1uz…8gkxp
2024-09-11 18:37:18 UTC
in reply to nevent1q…srd2
Author Public Key
npub1uzstp725mdhkf9j3lp32c3fhd9emj2nqfk9frqjxxd79xz067zhq68gkxpSeen on
wss://relay.momostr.pinkPublished at
2024-09-11 18:37:18 UTCEvent JSON
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