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    • started ??? finished Jan/2/2023 Alternative Wage System (Algorism) Currently, wages are ostensibly determined by the supply and demand of the market. This obviously has it's downsides, as shown by the fact that the minimum wage is still 7-15$ depending on location. A better approach would be to tie the minimum wage to inflation, but I don't believe that goes far enough - the entire concept should be torn out and replaced with something mechanical that cannot be gamed or subverted by people it does not effect - consent is crucial to a functional society. Too mechanical and you wind up with a bureaucracy, and if the Soviet Union isn't a good enough case study in the flaws of a dominant bureaucracy I don't know what is. The mechanics should be more like a game, something adapted to the humanity of play. Here's my ideas: Let supply and demand fill a role, just not as the final determiner of a person's worth and value. Instead, have a centralized job board that all employment goes through. The jobs are given weights according to local supply and demand, and these weights are determined by the local community. See the red book for an example of council communities. When a company posts a job opening, it shows up on the communal job board and is delivered to people who subscribe to that job title / category. It has certain characteristics such as calculated wage and location bias - encouraging people to live near to their work by paying them more. The company that posted the listing is committing to lower the wages of everyone in the same category, but by doing so they are encouraged to be more productive. Management determines job openings for workers, workers for executives, and executives for management. They all prosper when their companions are productive, so they naturally trend toward a healthy and ethical equilibrium in the workplace.