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While I agree with your sentiments, something is a bit off here with the reality of the specifics you're stating. > There is implicit collusion that is taught
by rubyn00bie 10y ago
While I agree with your sentiments, something is a bit off here with the reality of the specifics you're stating.
> There is implicit collusion that is taught in management schools and generally accepted as a norm to value labor against living cost, rather than the value that labor generates in the market.
This isn't implicit collusion of a business education. This is a result of the brand of capitalism, and inefficient markets, we have allowing for the manipulation of labor prices.
> Therefore companies are not willing to pay much more than living cost for workers, other than some superstar sociopath who has been able to get the company by the throat and justify say 1/2 million for his position because he's irreplaceable.
They are in fact taught that EVERYONE is replaceable even them.