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I keep hearing about the extreme shortage of software engineers. But why haven't I heard about software engineer salaries skyrocketing? If supply is short and
by dyno12345 14y ago
I keep hearing about the extreme shortage of software engineers. But why haven't I heard about software engineer salaries skyrocketing?
If supply is short and prices don't rise, something in the market is broken.
- bravohippo 14y agoIt's called the class war. The ownership class has class consciousness, but the laboring class does not. The ownership class knows when to wink and nudge and how to run a subtle cartel, because they have class consciousness. But the laboring classes don't know how to do this; instead they fight against each other in a race to the bottom. The market has always been broken. The "free market" is pretty much the biggest myth since Jesus.
- eli_gottlieb 14y agoJudging by the vote patterns I see in this topic, the laboring class here does have class consciousness. I get the feeling a lot of start-ups are really just utilizing Ricardo's Law of Rents to reap the full value of the founders' labor without having to rent it out to an external capitalist. As long as that can continue profitably, it will and should.
- eli_gottlieb 14y agoIt's a bit quiet, but salaries have gone up. Hell, they've gone up even just since I graduated college. When I saw that rise was when I started believing there really is high demand versus the supply. It does happen sometimes.