Kim Stanley Robinson, in "Fifty Degrees Below" - Kim Stanley Robinson

This quote was added by jeremy_le_jyby
Current economy defines 5.4% unemployment as optimum for desired "wage-pressure balance", treating labor (people) as a commodity and using a supply-demand pricing model. If government-insured full employment reduced "wage pressure", forcing a rise in the minimum wages from the private sector, this would help pull millions out of poverty, decrease their government dependance and social service costs, and inject and cycle their larger incomes back into the economy.

Train on this quote


[Archived]
Rate this quote:
2.1 out of 5 based on 14 ratings.

Edit Text

Edit author and title

(Changes are manually reviewed)

or just leave a comment:


teil0 10 years, 5 months ago
No, it definitely would not. Typical inability to think beyond the most immediate consequences of a policy, nor even how one would, as if by magic, implement such a solution in an economy that literally does not have the resources to implement such a policy.

Test your skills, take the Typing Test.

Score (WPM) distribution for this quote. More.

Best scores for this typing test

Name WPM Accuracy
eventlogging 170.00 100%
rhinofeed 90.80 98.1%
prodigy5723 85.55 98.1%
jan_londen 84.71 95.5%
user47794 84.05 98.3%
substring 82.30 97.7%
bizboy90 73.69 96.9%
viv27 73.08 94.9%
gedeon 72.82 97.5%
school_rocks75 72.26 96.8%

Recently for

Name WPM Accuracy
eventlogging 170.00 100%
bypassfilter 69.03 94.7%
user59794 21.92 88.5%
javier-alba 49.70 90.5%
substring 82.30 97.7%
user56408 33.82 87.5%
tonyatpeking 36.05 91.7%
onefiftywpm 67.53 97.3%