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> Companies shouldn't be able to set wages at an arbitrary low. Why not? You seem to think that there is only one big company setting wages for everyone. If co

> Companies shouldn't be able to set wages at an arbitrary low. Why not? You seem to think that there is only one big company setting wages for everyone. If company X needs good workers and is only willing to pay $5 per hour, but company Y is willing to pay $12 per hour, company X is not going to get the good workers. If they want better workers they will have to raise their wages. > without any regard to the standard of living for the employees making those wages. The clients who pay me do so without any regard to my standard of living. They pay me with regard to the value I provide. If you are suggesting that low skill employees need to be paid based on something other than the value they provide then you are suggesting that they be given charity rather than wages.

EricDeb 14y ago
Absolutely they should be given charity, and wages not solely determined by value provided. The American economy (and world economy to some degree) is evolving in a way that eventually only high-skilled workers will be needed, as most unskilled work will be fully automated. This continues to raise the bar on citizens for even entry-level positions. 10 years ago a college degree in business or communications was enough to land a salaried-job. Now, to obtain a well-paying job straight out of college either a STEM degree or graduate work is usually required. It is extreme to suggest that citizens either acquire a high-level of education (which many simply cannot complete) or perform work for $2 an hour.
- chii 14y ago
  > It is extreme to suggest that citizens either acquire a high-level of education (which many simply cannot complete) why is that a wrong ideal to move towards to? I agree that current education is poor, but thats an implementation problem. The idea that every citizen should be highly educated is a good one, and that in the future, in order to provide value (which is rewarded in the form of money), you can't just labour.

EricDeb 14y ago

Absolutely they should be given charity, and wages not solely determined by value provided. The American economy (and world economy to some degree) is evolving in a way that eventually only high-skilled workers will be needed, as most unskilled work will be fully automated. This continues to raise the bar on citizens for even entry-level positions. 10 years ago a college degree in business or communications was enough to land a salaried-job. Now, to obtain a well-paying job straight out of college either a STEM degree or graduate work is usually required. It is extreme to suggest that citizens either acquire a high-level of education (which many simply cannot complete) or perform work for $2 an hour.

chii 14y ago
> It is extreme to suggest that citizens either acquire a high-level of education (which many simply cannot complete) why is that a wrong ideal to move towards to? I agree that current education is poor, but thats an implementation problem. The idea that every citizen should be highly educated is a good one, and that in the future, in order to provide value (which is rewarded in the form of money), you can't just labour.