The classic definition is the wage needed to cover the basic needs of the family including things like rent, childcare, transportation, etc. I would go one further and say that the family needs to not be living paycheque to paycheque. They should be able to save for the future, go out once in a while, educate their children, save and pay for university, and advance themselves. They should be able to live.
I knew a guy who only ate things he had sprouted in a Mason he kept behind the seat of his pickup truck.
There should be no profits, no bonuses, and no dividends until every worker (not employee, it doesn't matter what your relationship with the company is if they benefit from your labour) is making at least a living wage with full benefits. Executive pay should be capped at a multiple of the pay of the lowest paid worker or of the average pay paid to all workers. whichever is lower.
I was at Defcon a few years ago in Las Vegas while the roller derby girls were in town. Fun times.
... I'm just being pedantic ...
And trying to derail the conversation by distracting from my point which was that modern libertarians are extremist right wing capitalist stooges.
26 when your brain is almost certainly fully myelenated to 65 since the future of young people is far more effected by elected officials than the futures of retired people.
That is not a definition of communism. It is a reduction based on the definition. It is also perfectly representative of every modern communist regime.
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