5 ms·

Henry ford's paying their workers more was considered revolutionary. I am actually in favor of paying people a good living wage, but we have to do something to

Henry ford's paying their workers more was considered revolutionary. I am actually in favor of paying people a good living wage, but we have to do something to make it work. I'm a programmer and I bet I make more than someone in India, so I should have to be doing something extra to justify that. I didn't mean to parrot anyone else's ideas, these just seem like obvious idea. If I was a worker in a factory making things with physical labor, and I have a typical us standard of living, how can I do that more efficiently than someone in china, who gets paid less? I love craft beer, but it's a combination artistic and luxury product. It's not like making ball bearings. It has an aspect of knowing what the micro local market wants. It has a marketing and uniqueness possibly. On the other hand, no one is I know is making craftsman lumber to make houses out of (but they could I guess).

groby_b 8y ago
To make a living wage work, we'll actually have to make sure some of the productivity improvements benefit workers. Productivity has grown 6x as fast[1] as pay. It's not the workers who have to do something extra to justify what they're making. [1] https://www.epi.org/productivity-pay-gap/ https://www.epi.org/productivity-pay-gap/
- scotty79 8y ago
  Ok. So you invest and risk your capital to make your business better and that should somehow benefit people that you pay to do some stuff? People that you need less and less because that's mostly what raising productivity means? I think the right way is sealing tax system to efficiently gather tax from businesses so that productivity gains can properly benefit everybody and just tax employees less if you want that gains to improve employees wellbeing. Or even subsidise poor people through income tax credit or basic income.

5 ms·

Henry ford's paying their workers more was considered revolutionary. I am actually in favor of paying people a good living wage, but we have to do something to

by Latteland 8y ago

groby_b 8y ago
To make a living wage work, we'll actually have to make sure some of the productivity improvements benefit workers. Productivity has grown 6x as fast[1] as pay. It's not the workers who have to do something extra to justify what they're making. [1] https://www.epi.org/productivity-pay-gap/ https://www.epi.org/productivity-pay-gap/
- scotty79 8y ago
  Ok. So you invest and risk your capital to make your business better and that should somehow benefit people that you pay to do some stuff? People that you need less and less because that's mostly what raising productivity means? I think the right way is sealing tax system to efficiently gather tax from businesses so that productivity gains can properly benefit everybody and just tax employees less if you want that gains to improve employees wellbeing. Or even subsidise poor people through income tax credit or basic income.