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There's a moral justification of wage labor which argues that the business takes an outsized chunk of the profits from an employee's labor because they are also
by aeturnum 4y ago
There's a moral justification of wage labor which argues that the business takes an outsized chunk of the profits from an employee's labor because they are also bearing the risk of hiring and costs of business. I see this as an extension of the trend by companies to impose downside risk on employees but continue to monetize upsides (i.e. labor). The gig economy is the most obvious example of the wider trend. It's particularly offensive in concert with the history of falling real-world value of wages.