Chapter 21 Translations
Subtitle of the chapter: They are poor because they are lazy
"In the early years of Master MΓΌller's theory of wages, he was as elegant and clear as the formula of mass and energy. Pen @ fun @ pavilion wWw. ο½ο½ο½Uο½Eγ infoBoth of you must know that he first came up with the concept of a wage fund. β
What is a salary fund? This is the minimum cost of living based on whether the workers starve to death...... What, you say they still have to support their families? This is really an underestimation of the compassion of our capitalists, whose factories treat women and children equally, and when they come, they have work to do, and if they have work, they will get money, and if they have money, they will not starve to death.
"Wages are determined by the supply and demand of labour, the supply of labour is the number of workers, and the demand for labour is the capital that buys the labour. Under the premise of a free labor market, supply and demand will adjust wages to the fixed value of wage funds. β
The meaning of this sentence is that the more workers there are, the less wages the capitalists are willing to pay, but no matter how little, they will not starve the workers to death, otherwise no one will want to do it.
He also believes that the minimum wage or subsidies imposed by the government are ineffective and cannot really improve the wage environment.
With such a fair matter and such a free two-way choice, why should the government interfere? What is the minimum wage tax subsidy, this is simply the biggest insult to the word freedom.
Of course, as a gentleman, it is a moral responsibility for the lower classes of people not to climb out of the abyss of poverty, and they should not sit idly by at all. Therefore, as long as the reward system is adopted, hard-working people can get more paid to make a decent living for themselves and their families. As for the slackers...... A free labor market will naturally make them obsolete. β
Yuan Yanqian flicked the cigarette ash lightly and said: "Malthus has long said that the real cause of poverty lies in the low morality of the poor. The only way they can escape poverty is through hard work and ...... Suppress your reproductive urges. β
Does this still need a translation? You are poor because you are lazy, you are not good because you have more children, what a deafening truth.
And the Malthus he spoke of was the one who proposed the Theory of Population. But as an eighteenth-century economist, it is understandable to think so. At least he hasn't been like the gentlemen of the late Ming Dynasty who said, "If you don't do An'an starvation, you can especially block the car with your mantis arm." "Here.
Our Master Yuan shook his head and said, "But Master Mueller came into contact with some bad thoughts after marriage. The fact that a woman's delicate heart can't bear it should be nothing more than an after-dinner conversation for a gentleman who can face life head-on, and it can only be said that no one is perfect, and he has begun to turn to the other side of freedom, which is really sad. β
"He was the first man to mix liberalism and socialism in a rash way. It was this confusion that led to the decline of liberalism in Britain and lowered the standard of living of the British people. β
It's good that a classical liberal master actually married a feminist who is anti-traditional, anti-Christian, and even anti-marriage, and is keen on left-wing ideas, even if he marries, he actually began to deviate from the side of freedom to the side of fairness, and he also wants to mix the irreconcilable two, which can only be said that the hero is sad that the beauty is closed. He later served a term as a member of the British Parliament, where he pushed for bills to improve workers' conditions.
This benevolent brother is simply a shame of liberalism!
Yuan Yanqian vigorously snuffed out the cigarette and said sadly: "In the articles he wrote in his later years, which were more suitable for beautiful prose than rigorous writing, it was mentioned many times that as long as wages were calculated according to working hours rather than work performance, liberal capitalism would also encounter incentive problems. β
"This argument is also one of the main pillars of left-wing thought in recent decades, attracting little bourgeois who do not understand even the theory of marginal utility value,"
The so-called "marginal utility theory of value" simply means that the price is determined by the psychological expectations of the buyer and the seller. For example, if you think your boss's salary is low, he thinks it is too high. But you didn't find a better job, and he didn't find a better person, so he had to settle for a while. Its representative was Bombavik, who was also the founder of the first Austrian School.
Of course, because of the weakness of human nature, under the hourly work system, the enthusiasm of workers to work is limited to keep their jobs and not lose them. But if he is able to do more, if his knowledge, ability, and strength allow, he will seek more difficult and therefore higher-paying positions. He can also refrain from doing it because he is lazy, but it is not the fault of society or capitalism. β
"In motivating people to be as diligent as possible, this system does everything it can because it guarantees that everyone gets the fruits of his labor!"
Yuan Yan said in her heart, the two of you have never seen the speed of the influx of new labor into the job market and the astonishing speed of updating all kinds of knowledge in the 21st century. is also a college graduate, 27 or 28 years old is considered a senior employee; If you don't do PPT well in your early 30s, you may be fired by the company; If the meritorious veteran employees over the age of 34 can't keep up with the situation, they will still roll up and leave; At the age of 40, there is basically no company to ask for, and then I can probably only "start a business" or work as a community security guard.
Would it work without neoclassical liberal masters like him coming out to justify the "free" behavior of the capitalists?
"Bang Bang Bang ......"
Professor Owen Adams clapped softly with his pipe in his mouth, expressing his satisfaction with his "proud protΓ©gΓ©".
There is no way to be dissatisfied, this year is not the 21st century or the second half of the 20th century, and there is neither Baidu Encyclopedia nor "History of Western Economics". That is to say, if Yuan Yanqian was not a master of economics in later generations, he would have to read the works of John Stuart Mill from his early years to his later years roughly if he wanted to publish this high theory, and after reading it, he would have to understand it, and after understanding it, he would have to refine the essence. After the refinement, it is the last step to find out the loopholes in its theoretical logic.
Don't look at these fluttering words, it was impossible for people at that time not to learn to be rich and five cars. This is the spirit of scholarship and academic talent.
And Julian H. Chandler put his hand in his eyes, looked at Yuan Yanqian again, and asked, "Mr. Yuan, why haven't I seen you in my class?" β
Of course, it's because I'm going to eat, drink, and have fun.
"Because of Professor Adams, of course! He ......" Master Yuan glanced at the fat professor who was a little cramped, "He is very strict with my coursework, especially since I failed my master's thesis last time, so I haven't had time to listen to your teachings in class." β
"But rather than working with numbers, I prefer to study propositions that are grander, more metaphysical, and more closely related to the universal destiny of mankind. So I used my spare time to read and think more extensively, and this paper came into being. β
"Professor Adams is not displeased by my youth, and I am even more grateful that I have invited you to participate in the review. Of course, Professor Chandler's time to come here is also the greatest affirmation and encouragement for me. β
"It doesn't matter if I can apply for a doctorate in this dissertation. Both of them are role models for me on my academic path. β
With that, he stood up and bowed forty-five degrees to the two professors, who nodded to the Chinese student with gratifying eyes.
Do you want to carry people in a sedan chair, and it doesn't cost anything to say a few good words, so why not?
PS. The protagonist of this chapter is basically just paraphrasing the views of the liberal masters, and does not represent the author's personal position. In addition, the translation is very tiring to write.,Aren't you giving a little stimulation.γ