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Actually your salary is not a reflection of how hard you work, but how much value you bring to your employer. Notice, an engineer working 35 hour weeks is conc
by escherize 11y ago
Actually your salary is not a reflection of how hard you work, but how much value you bring to your employer.
Notice, an engineer working 35 hour weeks is conceivably a hell of a lot more valuable than a factory worker from the industrial revolution. This explains the disparity in wages.
- jlangenauer 11y agoAll of which is mediated by the difference in supply and demand for a particular skill. Employers would happily pay software developers minimum wage if they could get away with it.
- eli_gottlieb 11y agoI completely agree that actual salaries are economically contingent. That's exactly what I'm trying to point out: there is no divine moral order for how much people should work or get paid, so when it becomes economically possible to move to a nicer location on the labor price-curve, where per-hour compensation goes up and hours can go down, we should do so.
- blumkvist 11y agoThat's easier said than done. Or rather impossible to do with such disparity between regions and the level of globalization we have.
- eli_gottlieb 11y agoSpreading the wealth around between regions is another good way to spread the wealth around.
- blumkvist 11y agoBefore or after the morning feed of the unicorns shall we do that, Dorothy?
- eli_gottlieb 11y agoGlobalization seems to manage some amount of it all by itself.