4 ms·

> There is no such thing as a fair wage Bollocks. A fair wage is a wage which is agreed upon by employee and employer, and is livable according to local cost o

• gruez 3y ago
  That's your definition of a "fair wage". The parent's point is that it's subjective and others might disagree. For instance I've seen people take the marxist position that software engineers earning 6 figures isn't "fair" because the company is making even more money from their labor and that amount is effectively being stolen from them.
  • soulofmischief 3y ago
    It's not just my definition of fair wage, it's the insight that "fair" can only be determined by the parties involved in the transaction, providing they have adequate information such as minimum and market wages for their craft, the value created by their effort, etc. This is the key insight that OP is missing which makes them incorrectly think that "fair" can never be determined because it is some kind of objective goal post. It's not, it's highly subjective and local.