5 ms·

Working on interesting problems and being paid a fair and competitive wage are not mutually exclusive.

• ars 11y ago
  Not directly related to what you said, but this "a fair and competitive wage" jumped out at me. What's a fair wage? It's a competitive wage - it's a wage similar to what other people doing that job get. What's a competitive wage? It's a wage high enough that you are willing to work there, rather than somewhere else. Or in other words, both conditions already happen automatically. That's kinda the whole point of capitalism.
  • st3v3r 11y ago
    No, that's not true in the least.
    • ars 11y ago
      You are going to have to give a better argument than that!
  • Jtsummers 11y ago
    > Or in other words, both conditions already happen automatically. That's kinda the whole point of capitalism. Not necessarily. Two scenarios come to mind: 1) Collusion among employers. This necessarily disrupts the "ideal" marketplace. It has happened, does happen, and will continue to happen. The result is, perhaps, fair wages that are not truly competitive. The employees are captive (depending on their financial abilities) in the local market and forced to accept unfair or uncompetitive wages for their work or go without. 2) An abundance of workers can result in competitive, but unfair wages by driving down the pay needed to keep an office or business staffed below fair (I read fair as alternatively what the job is actually worth or what is needed to live). An employer can offer a competitive rate 50 cents above others in the area, but that doesn't mean it's a fair wage.