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Is it any different from say a kg of rice, will feed the same still would cost diff in a village of Vietnam then Whole Foods in silicon valley. Price is by dema

Is it any different from say a kg of rice, will feed the same still would cost diff in a village of Vietnam then Whole Foods in silicon valley. Price is by demand / supply.

whalesalad 6y ago
You’re comparing a human being to a commodity like rice. Unbelievable.
- vecter 6y ago
  Surely you realize that your current compensation is already decided based on market forces and not some inherent "value".
  - whalesalad 6y ago
    I work for myself and dictate the cost of my services. There’s a market involved, sure, but it’s not a race to the bottom like the commodity markets. I dictate my value, not my zipcode or employer.
    - vecter 6y ago
      The market dictates your price for the value you provide. You can't charge $1B/hour and get away with it. There is an optimal profit-maximizing price for your services, regardless of whether or not you acknowledge that fact. Yes, you can change more than this amount, but you will get fewer clients and be making less total profit as a result. That could be totally fine and rational since there are other utility-maximizing considerations for you like how much you want to work, the kind of work you do, the kind of clients you're willing to take on, etc., but that doesn't change the fact that you can't arbitrarily set your price and not expect a change in the amount of business you can conduct. You may not be profit-maximizing, but companies certainly are, and as a result, they'll pay whatever rates the market allows them to.
    - renewiltord 6y ago
      If you're able to dictate your income, then why even worry? Go ahead and live somewhere else and dictate your income. It's a voluntary exchange and if someone takes the other end of the deal then good for you!
- deleted 6y ago
  [deleted]
- renewiltord 6y ago
  No, we're comparing human labour to rice. Let's be honest. If you're essential you'll negotiate your rates to be what you want. It's obvious we're not comparing humans to rice here since we're not buying and selling humans. It's so obvious that I can only conclude you're acting in bad faith intentionally.

Is it any different from say a kg of rice, will feed the same still would cost diff in a village of Vietnam then Whole Foods in silicon valley. Price is by demand / supply.

whalesalad 6y ago

You’re comparing a human being to a commodity like rice. Unbelievable.

vecter 6y ago
Surely you realize that your current compensation is already decided based on market forces and not some inherent "value".
- whalesalad 6y ago
  I work for myself and dictate the cost of my services. There’s a market involved, sure, but it’s not a race to the bottom like the commodity markets. I dictate my value, not my zipcode or employer.
  - vecter 6y ago
    The market dictates your price for the value you provide. You can't charge $1B/hour and get away with it. There is an optimal profit-maximizing price for your services, regardless of whether or not you acknowledge that fact. Yes, you can change more than this amount, but you will get fewer clients and be making less total profit as a result. That could be totally fine and rational since there are other utility-maximizing considerations for you like how much you want to work, the kind of work you do, the kind of clients you're willing to take on, etc., but that doesn't change the fact that you can't arbitrarily set your price and not expect a change in the amount of business you can conduct. You may not be profit-maximizing, but companies certainly are, and as a result, they'll pay whatever rates the market allows them to.
  - renewiltord 6y ago
    If you're able to dictate your income, then why even worry? Go ahead and live somewhere else and dictate your income. It's a voluntary exchange and if someone takes the other end of the deal then good for you!
deleted 6y ago
[deleted]
renewiltord 6y ago
No, we're comparing human labour to rice. Let's be honest. If you're essential you'll negotiate your rates to be what you want. It's obvious we're not comparing humans to rice here since we're not buying and selling humans. It's so obvious that I can only conclude you're acting in bad faith intentionally.