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Right, this is the neoliberal slogan, “the market will sort the problems out”, we vote by choosing who we do business with, and so on. The problem is, this oft
by vladharbuz 5y ago
Right, this is the neoliberal slogan, “the market will sort the problems out”, we vote by choosing who we do business with, and so on.
The problem is, this often doesn't happen. The employee being paid too little (or working too long, or being otherwise treated poorly) might not know they are being coerced into this bad position, might not know how much their employer is hiding from them, may not want to go through the considerable effort of interviewing for another job, may not have the financial stability to put their family through that period of job hunting, or may just be of a non-contrarian disposition and enjoy having their stability in the current job.
There are a million reasons an employee would not respond to a blatant injustice by precisely identifying it and demanding it be righted or otherwise quitting. If you do do this, I truly think that is fantastic and I commend you. The ones who stay in these jobs, however, are being badly treated, at the employer's benefit. I don't think that's right, and I don't think they can be fully blamed, because a lot of these problems come from how adept the employer is at manipulating the situation. If you say “no, we don't want to fix that”, I'm sorry to say I can't agree with you.
- joshuamorton 5y agoThe efficient market hypothesis is predicated on full information. Without salary transparency, the market can't sort it out!
- sneak 5y agoThe way you fix that properly is with education, not with compelled speech.