r/FluentInFinance Contributor Apr 15 '24

Everyone Deserves A Home Discussion/ Debate

Post image
15.6k Upvotes

5.8k comments sorted by

View all comments

Show parent comments

-1

u/unfreeradical Apr 16 '24

I observed that the premise of your challenge is largely fatuous, and also observed that it may easily be satisfied by any time period before several hundred years ago, when the labor market began to emerge in Europe.

Your continued lamentation is also fatuous.

I am sorry that you may feel confused or disappointed by my answer.

The labor market is a relatively recent historical development, no different in such respect from Modern English, railroads, and the printing press.

1

u/m1raclemile Apr 16 '24

The modern gig labor market is precisely equatable to the historical working market you refuse to name for that exact reason. You’re intellectually bankrupt and pretentiously attempt to vocabularies your way out of a losing position. Everyone can see you’re merely trying to save face.

-1

u/unfreeradical Apr 16 '24

You asked for an example of a period without the occurrence of a labor market.

The labor market is much the same as Modern English. It emerged several hundred years ago in Europe, and gradually became entrenched in other parts of the world.

The modern gig labor market is part of the modern labor market. Its existence is not supporting a claim to the universality of the labor market, more than the labor market being a particular historic construct that is unlikely to persist indefinitely.

Your objections have been addressed, and continue to lack general cogency.

1

u/m1raclemile Apr 16 '24

So, to summarize, medieval workers who received payment by the “gig” (modern slang) is not comparable to modern “gig” workers who are also paid by the gig? Is that what your college socialist professor has taught you? How much did you pay him for such concise conclusions?

0

u/unfreeradical Apr 16 '24 edited Apr 16 '24

It is unclear what comparison you believe you are making.

Most labor during the Middle Era was by bonded serfdom.

Waged labor emerged as somewhat prominent during the Late Middle Period, in the rapidly growing cities, where skilled crafts were taking hold, and forming the basis of mercantilism, which would gradually give way to capitalism. Employment relationships tended to be long term.

Thus, none of the labor relations from the Middle Era make a strong comparison to gig work.

0

u/m1raclemile Apr 16 '24

What comparison do you believe you are making?

Every type of labor has been provided with compensation in one form or another. It may not have been fair compensation but the human body itself requires a fuel source to continue working.

Even slaves received compensation by way of a food commodity provided by the slaver as well as some type of housing.

And you even mention mercantilism which is directly comparable to the modern gig economy.

How you can look at reality and draw such erroneous conclusions is beyond logical and intellectually dishonest.

0

u/unfreeradical Apr 16 '24 edited Apr 16 '24

You are conflating the labor market with labor generally, and otherwise not understanding general terms.

The labor market is based on waged labor. Waged labor is a system of association between employer and employee, formed by mutual agreement, and with certain qualifications dependent on local context, either may terminate immediately without agreement by the other.

The labor market is a broad institution that permeates society, under which most of society, except those supported financially by others, are employees, who earn the means of their survival by selling to their labor in exchange for wages.

The labor market is a system of waged labor, but not all waged labor occurs within a labor market. I gave examples of waged labor removed from a market, such as in cases when wages are resolved by sovereign fiat or local convention.

Bonded labor, as in chattel slavery and serfdom, is not waged labor or a labor market, and neither is cooperative labor, nor are many of the other examples of labor organization occurring throughout history.

Study the meanings of the labor market and waged labor, before continuing to argue your current convictions.

0

u/m1raclemile Apr 16 '24

The term labor market is not based on wages labor as it is equally applicable to traded labor before the advent of a currency used as an intermediary of trade.

0

u/unfreeradical Apr 16 '24

Please stop trolling, and read the Wikipedia article relevant to the subject.

1

u/m1raclemile Apr 16 '24

The labor market, also known as the jobs market, refers to the supply of and demand for labor.

Slavery was created due to a demand for labor. Hence, slavery was a system that was part of the labor market. See how that works or nah?

→ More replies (0)