If you're super talented at making triangular holes in rocks and it takes you a long time, that's really nice for you and I'm sure it IS hard, but if nobody needs that or other people do it faster / cheaper / better it doesn't matter. The price you get is the price someone is willing to pay.
As a person, you're entitled to (or rather SHOULD be entitled to) the basics of survival if society can give it to you, but you're not entitled to a sick payout because you do something hard that takes a long time. That necessarily requires a market.
Your comment is like when a climate change denier thinks of some obvious variable that needs to be taken into account when measuring temperatueres and then claims no scientist ever has thought of that possibility.
"WhAt AbOuT how UrBaN aReAs ArE hOtTeR tHaN sUbUrBs?!? Checkmate professionals who study this for a living."
What is your point? Specific applications of market driven pricing are imperfect? Someone get this guy a gold star! Let's call up Walmart and let them know that their pricing strategy is not a universal truth, I'm sure they are TOTALLY unaware.
Are you serious right now? Because if you dropped a /s I get it. If you didn't... Well... Fuck.
Well, you have lots of nurses with lots of work to do. Paying them all pornographic sums would be very expensive. But you only have one nephew that you need to marry off to a Senator's kid.
Whether you are selling lemonade on the street corner, old baseball cards at your yard sale, a landscape painting you worked on for hours or your house, what you want to be paid is not as important as what a customer is willing to pay.
The issue isnt what the customer is paying, its how much the company is giving back to their workers. The executive class takes an inordinate chunk of corporate profit for doing the equivalent of squatting on IP. Its fine to live in a SOCIETY where we buy and sell goods for profit, but im not gonna be satisfied with the gods and serfs system of wealth inequality we have now
Here in AMERICA we know the value of hard work, and we make sure each man, woman, and nonbinary is rewarded justly for their skills and time. We don't let some bigshot city-slicking CEO take away the value of our hard work and give a fraction back to us in a tiny paycheck, no siree. This is a Christian nation, and that means we pay our union dues and reap our union rewards. And if the elites don't like it, well they can kiss the barrel of my second-amendment-protected guns.
It's worth what anyone other than you will value it at.
This is true in any economic or political system. It's just that some preconfigure your returns on your labor ahead of time, and make it more in line with everyone else
The only explanation that makes any kind of sense to me is "how hard is it to replace you?"
If it's "easy" that means there's an excess of labor for that position, if it's "hard" then there's a lack. It's probably the only case of supply and demand that actually follows the theory.
Unless of course it's low wage work in a HCOL area and the asshat owner refuses to raise the wage to attract workers...
It should be based on a combination of skills and cost of living, but that takes the workers needs into account and there isn't an owner alive that gives a shit about that. :(
The value is what the rich elite is able to gain from one's skills and time. Pay is somewhere below that, artificially lowered by the rich elite increasing the desperation of all workers.
No, not what they want. What they have to, wich mostly depends on degree of organization in the workforce and instutionalized results of past organization.
Besides that wages oscillate around the worth it takes to reproduce the capacity to work.
If they'd pay what they want (always less) market economies could not persist, since they would destroy their workforce right away
It's just important to think systemically on both sides, labour and capital. Otherwise you end up with confusing essentialism and some kind of concept of "evil"
Mods removed comment that says of course this is true with +20 agree.
Hey Mods, FUCK your censorship. Get an ML instance. Your little shit hole is worse for you modding it. Ban me and make a really nice echo chamber to give each other handjobs in.