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That is why there are no fair wages in capitalism and everyone is underpaid
by benibela 7y ago
That is why there are no fair wages in capitalism and everyone is underpaid
- big_chungus 7y agoA completely free market of a commodity good produces the theoretical maximum economic surplus. You can argue that the wages are not distributed evenly, but the most dollars are earned under capitalism. That means that not _everyone_ is underpaid.
- chii 7y agoIf everyone is underpaid then no-one is. You can only have underpaid if someone else is deemed to be overpaid, or is paid "normal" amount.
- benibela 7y agoInvestors are overpaid The fair wage would be what the customer is charged minus other expenses