From What Malady Do Politicians Often Suffer Answer Key

From What Malady Do Politicians Often Suffer Answer Key

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The legitimacy of minimum wages is based on the illusion of the benefits of the market being equal to the benefits of government protectionism. When this fails, the capacity of entrepreneurs to be creative and innovative declines, and the poor have fewer opportunities. We can see an example of this problem in the situation of the minimum wage workers in San Francisco, who, during the early 1990s, suffered from a period of very high unemployment rates. The circumstances in which they were employed, however, were not very productive; wages were too low, and many of the jobs were temporary.

The best way to achieve minimum wages is to complement them by a national job guarantee program. In the United States, Congress has the authority to require work in exchange for benefits, under federal law - the Social Security Act - but it has not done so. By contrast, in the European Union, work is required in almost all cases under the common labor market rules, but employer contributions to Social Security are made separately from wages.

Minimum wages, in general, have a negative effect on employment, in part because they create disincentives to the hiring of low-skill workers, and in part because they create disincentives to hiring of less-skilled workers from lower-income families. If minimum wages are not combined with job guarantees, this effect grows in importance, as it leads to the formation of an income class that is dependent on government redistribution. In this case, the costs of the minimum wage increase sharply, as wage subsidies become a larger and larger part of the employment system. This is the situation in Europe. The reason for this is that, when minimum wages are not accompanied by a job guarantee, the government has the power to dispense benefits that are not just a monetary substitute for income, but also, or even especially, a monetary substitute for employment.

At the most fundamental level, it is an attempt to raise to the status of a natural right the self-interested and selfish judgment of the individual. Society’s need for the well-being of its members and for their happiness is made an object of rights, while the fact of life is ignored. This is the source of the deep hostility of the new individualist state towards what is authentic and stable.

The atrocities of the dictatorships and totalitarian states have taken on a new dimension in the global age, threatening to go to any length to suppress all religion by force of arms. In many countries, the religious and religious organizations are discriminated against and repressed. The state uses pressure to desecrate places of worship and even tries to divert the faithful from the true path of life. Those who oppose the global system and question the universalist, universalist, individualist and secular character of today’s state are in danger of being treated as criminal. We need to pay close attention to the evolution of the new individualist state. 827ec27edc