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> There is nothing in capitalism stopping anyone from disclosing their pay and creating a transparent market. Is that actually true? Is it possible to verifiab
by tshaddox 5y ago
> There is nothing in capitalism stopping anyone from disclosing their pay and creating a transparent market.
Is that actually true? Is it possible to verifiably disclose one’s pay? Are you supposed to sign an affidavit or something?
- lotsofpulp 5y agoYes? Using records such as paystubs, W-2, or 1099. Obviously, they can be falsified, but I presume we are not talking about that. There is also the Norway method of having the government provide it.
- tshaddox 5y agoIf the idea is for the entire labor market to change significantly due to everyone voluntarily sharing their salary, then we ought to be talking about a mechanism of ensuring honesty, just like an auction (generally) wants to design their auction in such a way that people are honest about their willingness to pay.
- lotsofpulp 5y agoIdeally, but you do not need the entire labor market to participate to do it. I am guessing even shining a light on a small, representative set of real time data will be enough to get things moving.