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Why do you deserve to get back the investment made on the education? Is 'deserving' an oracle, where you stick in some action and it arbitrarily assigns the co

Why do you deserve to get back the investment made on the education? Is 'deserving' an oracle, where you stick in some action and it arbitrarily assigns the conclusion of 'does' or 'doesn't'?

danbruc 11y ago
Let's ignore supply and demand for the moment. What would be a fair wage? I argue it would be fair to get paid as much as you invest, an hour of work is an hour of work, in first approximation no matter what you do. Pretending to work obviously doesn't count, you really have to work as good as you can. If you do a hard job, say risking your health in a mine, you should get paid better because of that. There should also be some gradient to account for skill and experience compared with others doing the same or similar work. And if you spend several years at university to obtain the skills required for the job this is an upfront investment that has to be paid back by the wage or their might be a lack of incentives to go down this road. In essence it really boils down to you invest an hour of your lifetime - working or upfront to get prepared for the job - and you get paid for that hour, what exactly you do does not matter much modulo some adjustments for especially risky or unpleasant jobs.
- Lawtonfogle 11y ago
  That is like saying that the gold watch should cost the same as the gold plated watch, which shouldn't depend upon the supply and demand of the materials it is made out of. Also, considering most digital goods can be copied in mere seconds, it would appear that they should be priced at $0.01. As for food, beef that is 30% fat should cost just as much as beef that is 3% fat. And heaven forbid we apply this to relationships. If you are looking for a one night stand and spend the required hours, then you must get a one night stand. The supply and demand of your particular looks/social skills aren't factored in, only the time you invested.

Why do you deserve to get back the investment made on the education? Is 'deserving' an oracle, where you stick in some action and it arbitrarily assigns the conclusion of 'does' or 'doesn't'?

danbruc 11y ago

Let's ignore supply and demand for the moment. What would be a fair wage? I argue it would be fair to get paid as much as you invest, an hour of work is an hour of work, in first approximation no matter what you do. Pretending to work obviously doesn't count, you really have to work as good as you can. If you do a hard job, say risking your health in a mine, you should get paid better because of that. There should also be some gradient to account for skill and experience compared with others doing the same or similar work. And if you spend several years at university to obtain the skills required for the job this is an upfront investment that has to be paid back by the wage or their might be a lack of incentives to go down this road. In essence it really boils down to you invest an hour of your lifetime - working or upfront to get prepared for the job - and you get paid for that hour, what exactly you do does not matter much modulo some adjustments for especially risky or unpleasant jobs.

Lawtonfogle 11y ago
That is like saying that the gold watch should cost the same as the gold plated watch, which shouldn't depend upon the supply and demand of the materials it is made out of. Also, considering most digital goods can be copied in mere seconds, it would appear that they should be priced at $0.01. As for food, beef that is 30% fat should cost just as much as beef that is 3% fat. And heaven forbid we apply this to relationships. If you are looking for a one night stand and spend the required hours, then you must get a one night stand. The supply and demand of your particular looks/social skills aren't factored in, only the time you invested.