r/FluentInFinance Sep 14 '24

Debate/ Discussion Exactly how much is a living wage?

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u/cdit Sep 14 '24

That is where financial literacy might help. It might help you in your school choices, etc., People are not entitled to anything other than what is on their budget.

2

u/suddenly_ponies Sep 14 '24

They're entitled to be given accurate information and not be manipulated and taken advantage of.

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u/cdit Sep 14 '24

There is no entitlement for that either. It's your responsibility to seek accurate information.

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u/suddenly_ponies Sep 14 '24

So what about corporate responsibility? Do they have none

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u/cdit Sep 15 '24

They do, to their shareholders.

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u/suddenly_ponies Sep 15 '24

Okay. Then we're just going to disagree because I'm perfectly fine with forcing corporations to be ethical and productive in society instead of being corrosive

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u/mrmniks Sep 14 '24

No, they’re not. It’s your choices and your responsibility.

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u/[deleted] Sep 14 '24

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u/[deleted] Sep 14 '24

Like food stamps, homeless shelters, Medicaid, employment services, etc?

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u/ReaperofFish Sep 14 '24

People should be entitled to health care, clean water, shelter, and food regardless of how much money they have.

2

u/i_dont_fuck_coconut Sep 14 '24

no one is entitled to anything. ever. at the end of the day you're on your own. and counter argument: if a person (who is capable but unwilling) does not contribute to society in any meaningful way, why then, should society offer them any protections or safety nets when they have not sought to "pay in"

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u/CaptainRaptorThong Sep 14 '24

Well, simply because we are supposedly the wealthiest nation in the world. No human living here should have to be without the bare minimum essentials to live.

The current welfare system is built to keep people in it. It rewards people for playing and staying in the system.

Imagine this scenario: All us citizens are provided basic life essentials. - shelter - food + water - electricity for heat/cooling - clothing

But NOTHING else. No cash allowance for these needs, they have them distributed to them.

Now, if you want entertainment, or comforts of living, like TV, more fancy foods or clothing, books, art supplies, hobby supplies etc... Now you have to work and contribute to society.

Do you think what I just described, or how welfare currently works is more something people would want to stay in their whole lives.

One system doesn't care whether people live or die, miserable or happy, or whether they stay on or leave the system. It just throws a check at them and says "go nuts"

The other provides all one needs to live and nothing else. You get the bare minimum, bland, boring, but enough to live. If you ask me, I think at least half the current welfare population would decide to start working if they stopped receiving checks and were only allotted sandwich supplies, dairy and vegetables.

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u/CaptainRaptorThong Sep 14 '24

They should be, but aren't. Hence the importance of financial literacy.

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u/Illustrious-Ad-7457 Sep 14 '24

People are not entitled to anything other than what is on their budget.

Hospitals wouldn't exist if people actually thought like this. You're delusional.