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> If your job pays you 20% of your current salary, do you want to work as hard? Typically, though of course not always, the answer will be no. If my job pays m
by kerkeslager 4y ago
> If your job pays you 20% of your current salary, do you want to work as hard? Typically, though of course not always, the answer will be no.
If my job pays me 20% of my current salary, and gives the other 80% to the CEO, no, I would not work as hard. That's the situation we're in. That's what "quiet quitting" is.
It's bizarre to look at the current incredible pay imbalances in America and assume that a more equitable society would give less incentives for the average person.
- tomrod 4y agoNot quite the same analogies and drivers from my earlier comment (your tangent on CEO to worker pay ratio versus the discussion on high taxation rates).
- kqr 4y agoI think you might be missing their point. I'm already paid (less than) 20 % of the value of my output, because someone who is already very rich pockets the rest. If I could continue working as much as I do and get paid the same and also know that the other 80 % of my output feeds the homeless and seriously ill, that would be amazing. I would very likely work even harder.
- kerkeslager 4y agoThat's exactly the point. If you're worried that people won't produce enough because they aren't paid enough, fine. Even if we buy your view of the world where everyone's a sociopath and the only thing that motivates people is money, why are you insisting that the money to motivate people to produce has to be obtained by helping people less? Can't we help people, and pay CEOs less? Ultimately, you're not arguing that workers need to be paid to be motivated, because I'm not arguing against that. You're arguing that we can't help people because we have to pay CEOs exorbitantly.