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You understood my comment correctly. False consciousness is a good explanation because of the fact that tech workers accept such a meager proportion of the prof
by gnu8 12y ago
You understood my comment correctly. False consciousness is a good explanation because of the fact that tech workers accept such a meager proportion of the profits generated by their work without complaint. Why would anyone knowingly accept less money than they're worth? They wouldn't, knowingly. It must be unknowingly. They must not know they're being exploited because there is no significant organization. Instead they all act as "temporarily embarrassed millionaires" and try to increase their wealth incrementally, by competing amongst themselves for promotions and raises, working 100 hour weeks at startups for equity, and so on.
You suggest that they look elsewhere for a better deal, as if the free market price for their labor is by definition a fair price, but it is not, because of the power differential between capital and labor. It's not that all business collude consciously against labor(1), it's simply that the exception in the law for tech workers drives the price down, because it's purely good management not to pay any more than necessary for labor.
I'm not suggesting mass strikes, labor unions, and Marxist claptrap as a solution. Removing the loophole would be an entirely reasonable starting point. I've never seen anything approaching a rational justification for the tech worker exemption.
(1) Except when they do, like with the recent wage fixing scandal amongst a subset of well known companies.