Explained Using Minecraft
Region: JP
Sunday 27 September 2026 13:04:21 GMT
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Officerdougstanton :
You're missing some context. Richard's iron farm produces 2 billion emeralds worth of iron per year.
2026-09-28 07:17:07
7257
Seaw33 :
Ai animating is scary asl
2026-09-27 13:13:52
1139
imham :
Except richard already is doing more than10 emeralds worth of work
2026-09-27 19:34:26
3945
Matija Malekovic :
And then inflation hits for 20 years and rent is now 16 emeralds, but minimum wage is still 10
2026-09-28 05:24:15
477
Hark :
Time for Socialism: Everyone owns the iron farms
2026-09-27 15:31:41
472
Georgie🇬🇪🇪🇸🇪🇺 :
Without competition capitalism is a hell so it only works in big societies not small ones like in the video
2026-10-01 07:06:31
36
freepain :
what is not being told Richard is making 2000 emeralds a day just staying at home and doing nothing, but gets mad if they ask him just to take home 1900 a day. (walmart)
2026-09-28 11:38:07
62
pizzapasta :
Richard could keep less, that was a valid option. this issue lies on his morality. him choosing either of the other option is bad morally. no billionaire like Richard will chose the morally good option 2 of keeping less for himself.
2026-09-28 02:13:52
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Vexer :
Minimum wage was created so a family could live off one form of income and eat and afford a house.
2026-09-28 00:05:11
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The Real V-Nation :
Minimum wage should not exist
2026-10-09 03:47:07
9
Oingo Boingo Glazer :
All the players should collectively own the iron farm, iron should be distributed according to need
2026-09-28 02:37:43
15
Cale Gilbertson :
Expect your forgetting that Richard still makes 5 billion emeralds per year and everyone is doing 20 emeralds worth instead of 10
2026-10-11 01:42:59
10
Josh Deveraux :
if the company doesn't have to take into account what your expenses are then why do you have to take into account theirs
2026-09-28 09:41:23
5
naztwohat :
if you can't afford to pay a living wage you can't afford a business
2026-09-29 18:59:40
8
soup_the_weirdo :
You're forgetting that richard is also going to keep the extra emeralds from firing an employee and make the employees do even more work that would really be worth 13 emeralds, not 10
2026-09-28 22:50:12
43
olin :
all while is living costs 15 emeralds😂
2026-09-28 01:26:22
112
no :
except richard s iron farm makes 20 billion dollars a day, and he even owns the entire Nether
2026-09-30 10:42:46
18
Fool’s Gold :
1) before minimum wages steve would've been paid 5 emeralds. 2) steve's job isn't just deliveries. 3) steve cant just mine emeralds he's get a second job with its own rules he still has to follow
2026-10-09 13:16:24
5
Welshdudee :
but what people don't understand is that is not the responsibility of the place you work to make sure you have enough to support yourself tho 👍
2026-09-27 20:11:52
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Hunter :
Minecraft is a bad representation to use for economic systems because there are an infinite amount of resources in a Minecraft world, and there’s not in real life.
2026-09-28 12:35:25
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. :
this is half wrong
2026-09-27 15:04:00
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Ofir_Detailing :
what if I make an iron farm myself
2026-09-27 16:57:19
15
Dio K :
Minimum wage was meant to be able to FULLY support a family of 4 with only one person working.
2026-09-27 23:17:44
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Calcine :
the answer is both. minimum wage should be a livable wage, hell it should be a little bit higher than a livable wage because cost to live is the bare minimum and anyone who only has the bare minimum and nothing more won't be able to do anything in an emergency, but Paul should also be doing a good enough job to deserve that pay, and doing a good enough job to deserve that pay means, at minimum, doing enough work that your work alone covers your wage and your share of the running cost (in this case, the iron Paul sells, though it's minecraft so the iron in this example is free). if Richard is also selling and not just distributing, Paul wouldn't also have to cover Richard's cost of living since that is Richard's responsibility, but if Richard is just distributing, then Paul and the other workers also have to make enough to cover Richard's cost of living. in other words: if Richard doesn't trade with any villagers himself and has 10 workers, each worker needs to make a minimum 11 emeralds a day to warrant having a 10 emerald wage. according to the animation, Richard had 4 workers before the minimum wage increase, meaning if he kept them all after the wage increase, each worker would have to make the company a minimum of 13 emeralds (technically 12.5, but Minecraft doesn't work like that so we round up) a day, but if Richard's iron farm didn't produce enough to make 50 emeralds a day, that would be a good reason for firing the one worker, though taking those emeralds blocks, safe to assume that isn't the case.
2026-09-28 04:15:02
9
Jesseyyc :
the min wage would be more like 5 emeralds q day
2026-09-27 15:27:59
18
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