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RE: Steemit Is Going To Be Successful Because It's Finally An Environment Where The Free Market Can Be Left To Work (plus the corruption of capitalism)
you ask the question " if you only had the minimum wage to live on, is that the limit to your earning potential' i would say yes to a certain section of people. Some people do not have the ability to 'create' more earnings from a capitalism system as they have limited opportunities offered to them. You are based in the UK and are fortunate that the UK has the minimum wage and the benefit system - these were implemented to help those who couldn't 'help' themselves because of their socio-economic environment - see NORTH V SOUTH agenda . In reality what people really need in deprived areas is a LIVING WAGE not a minimum wage, as people need to Live not exist...
You actually skipped over what I think is the real solution. It was the solution I put forward in my post.
You say "they have limited opportunities offered to them". Yes exactly, but that's got nothing to do with capitalism or the free market. It has everything to do with those people not being given equality of opportunity (because of oppression by dictators or governments). That's where the problem is, and that is where it needs to be addressed.
i agree with you ladypenelope1