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All arguments against lower class people getting higher wages are IMHO wildly inappropriate. "you need lower wages to avoid wage compression", "you need lower
by tossandthrow 1y ago
All arguments against lower class people getting higher wages are IMHO wildly inappropriate.
"you need lower wages to avoid wage compression", "you need lower wage so we can have more employed people"...
If wage compression occurs, then companies have to deal with Theo senior employees seeking elsewhere - or pay them fairly.
- silisili 1y agoToday, I'd agree. It felt like a dirty thing to even write. Historically, the lower wage jobs were for kids or bored folk, who'd eventually move onto something better and higher wages. Recently, the economy isn't great and people take what they can find. There's absolutely no shame in that. I know people in tech who were making low to mid 6 figures now doing retail. The jobs just aren't there, and I constantly fear I'll be in the same boat soon. But that inevitably does lead to wage compression, which to be clear isn't the fault of the lower wage earners.
- FirmwareBurner 1y ago>I know people in tech who were making low to mid 6 figures now doing retail. But in other threads, people on HN said they don't even get out of bed for a 140k remote job. What gives?
- ryanjshaw 1y ago> All arguments against lower class people getting higher wages are IMHO wildly inappropriate. This kind of emotional reasoning is wildly inappropriate IMHO. The commenter is not making an argument against lifting lower class wages. They’re making an observation of how economic theory may apply to this scenario. > pay them fairly Define “fairly”?
- wat10000 1y agoThey said it’s bad for one group and neutral for another. How is that not an argument against it?
- ryanjshaw 1y agoIf I make the observation that some vaccines can have anaphylaxis as a side effect, am I making an argument against vaccinations? Obviously not. In that case, you’d take precautions at vaccination sites: have EpiPens available, make people wait 15min after taking the shot before leaving. In this case, I’m sure you can apply yourself and think of ways we can counter the effects of wage compression now that we’ve unemotionally identified the fact that it occurs.
- tossandthrow 1y agoTo stay in your vaccine narrative: if I say that you expose other people to a health risk for not getting vaccinated - then yes this is an argument for getting vaccinated. The observation is not that vaccines have (side)-effects, but how these effects affect other people. And that is what loads the argument.
- wat10000 1y agoThe analogous argument would be that vaccines cause anaphylaxis and don’t prevent disease. If you made those statements then that’s clearly an argument against using them.
- tossandthrow 1y ago> Define “fairly”? In this context of wage compression it is fairly easy as it is just ensuring that they are paid comparatively more than the more junior employees that apparently are getting the same or close to the same salary.