BdL on BE

Tom Waters tjwaters at earthlink.net
Wed Jun 6 08:25:39 PDT 2001


Well, there's the famed minimum wage. However, as I see it,

raising the minimum wage simply changes the value of the money.

(Labor theory of value.) In practice, when the relatively

poor start to get more money, the better-off, who have more

power than they do, can be expected simply charge them and

each other more until the wage change is absorbed by inflation.

And this is what we seem to observe. It seems like a cruel

joke, in fact, but "only the poor will suffer, and they're

used to it."

I think there is empirical evidence that this does not happen. Look at EPI's web page.

Also, Marx's law of value predicts that changing wages (the value of labor-power) will not change the value of money (labor itself crystallized in the form of a universal commodity).

But Brad is right that low-wage workers encounter the welfare state in many forms. Many have very insecure employment and never qualify for unemployment insurance, so TANF is always on the radar screen whether they actually receive it or not. Your sister or cousin or neighbor may be receiving it. The school system. Various health programs, especially for kids. Housing programs. Child protective services.

All of these are both welfare and a cop -- very typical of the role of government to low-wage workers.

Maybe Ehrenreich didn't notice these because she didn't have children with her on her investigation.

Tom

Tom Waters

Bronx, New York

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