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I didn't say that the person should take the exploitative job. The term you're looking for is opportunity cost. And yes, the opportunity cost of A is !B. Simil
by greggyb 9y ago
I didn't say that the person should take the exploitative job.
The term you're looking for is opportunity cost. And yes, the opportunity cost of A is !B. Similarly the opportunity cost for B is !A. We could come up with all sorts of stuff that happens in the time that would otherwise be devoted to the exploitative job, but that wouldn't clarify the point being made here.
We are in adversarial agreement.
- clavalle 9y agoExploitative employment can be defined as one being paid much less than one's time is worth. So the 'slightly less bad' assessment of the exploitative employment is incorrect because having all of the time at full value is better than selling some for lesser value.
- greggyb 9y agoYou do realize that you're adding a third scenario? You are saying that I can choose (no employment | exploitative employment | non-exploitative employment), whereas my post you originally responded to had (no employment | exploitative employment). I agree with you. Expanding the set of choices is a good thing.
- RivieraKid 9y agoEven assuming that working a low-paying job is worse than not working at all, it doesn't mean that low-paying jobs should be illegal. Adding more options doesn't generally make things worse. Maybe for some people having a low-paying job is better than not having a job at all.
- gbacon 9y agoIs this the only place in town that needs rocks toted?