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If you make $60,000 a year for a job, you are doing decently well on a US-wide perspective (and very well on a global perspective). However if your coworkers, d
by gbear605 6y ago
If you make $60,000 a year for a job, you are doing decently well on a US-wide perspective (and very well on a global perspective). However if your coworkers, doing the exact same work as you exactly as well, make $120,000, you’re in fact being underpaid.
And the solution to the first issue isn’t to attack the people making $60,000 but to bring everyone who is underpaid up.
- renewiltord 6y agoNo, he's including in the compensation the experience etc. It's not strictly a free market so the market closing price will be lower than true equilibrium because a no-agreement for one negotiator (labour) results in starvation but a no-agreement for the other negotiator (employer) results in minor discomfort. Perhaps allowing the former to negotiate freely by guaranteeing life will bring negotiation outcomes closer to true market closing price. That's got its own problems, of course, but unions aren't a bad idea to attempt to increase power of labour vs employer.
- deleted 6y ago[deleted]
- uoaei 6y ago"Experience" has nothing to do with compensation. You don't deserve more money just because you have been around longer. It is appropriate to make it proportional to value creation. Experience helps with this but obviously then the correlation will be lower.
- renewiltord 6y agoNo, he was paid with getting the experience. He got compensation in the shape of "build(ing) a resume"
- nohr 6y agoI'll ask my landlord if they take that next time. I'm sure the company would love to earn experience from my work instead of money too since it's so valuable.
- renewiltord 6y agoWell, you can always ask. These deals are voluntary.
- uoaei 6y agoThere is a huge gulf between "we agreed on these terms given extant circumstances" and "this is a voluntary relationship". The gulf exists because extant circumstances can be inherently coercive. Sorry to burst your ancap bubble though.
- renewiltord 6y agoWhat a strange way to converse
- uoaei 6y agoRetreating to criticism of rhetoric is a classic signal that you have no substantive rebuttal.
- sam1r 6y agoWell stated. Makes me wonder... Maybe you can somewhat pay your landlord in living experience, frequently blogging about your amenities included in the place for a possibly more-than-one-time rent extension for pandemic purposes.
- cardiffspaceman 6y agoI'm an influencer, let me live here rent-free.
- uoaei 6y ago
- deleted 6y ago[deleted]