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> that your wage is a result of a market, which is more-or-less unrelated to the value that you create through your work ... and more to do with how many people
by aninhumer 10y ago
> that your wage is a result of a market, which is more-or-less unrelated to the value that you create through your work ... and more to do with how many people and companies you're competing with to do the work.
That's how supply and demand works. The wages are low because the more people are looking for a particular job, the more people there are willing to do it for less than others. In a well functioning society, this is a signal saying "we have enough people doing this job, go do something else".
The problem is that our society doesn't make it easy for people to do something else. Generally people get one chance at education, and if they make a bad choice, they're screwed. And beyond that, there's nothing that ensures that there will even be enough demand for labour that everyone can earn a decent living.
- vertex-four 10y agoYes. Supply and demand as applied to compensation for labour is a capitalist idea of how society should work, and results in all sorts of issues, including the ones discussed in this thread and the fact that the value people create gets siphoned into the capitalist class by way of the companies they're forced to work for to survive, for less compensation than the value they create. The solutions to this lie in the ideas of worker-led organisations of varying kinds, mutual aid, and more generally the reduction of the role a capitalist class takes in the production of value. And yes, accessible education to all.