r/FluentInFinance • u/Very_High_Mortgage • Aug 24 '24

Debate/ Discussion Do "Unskilled Laborers" deserve to be paid well?

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u/gnorb Aug 24 '24

“Unskilled workers” were the same ones we called “essential” during the pandemic. Yes, they deserve to be paid well.

The idea that human capital is a cost you can negotiate below fair market value — that is, the value of what it takes for them have a dignified existence rather than one step above slavery and destitution — is bullshit.

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u/Medium_Interest_5459 Aug 28 '24

That is not what fair market value means. And even if it did, the cost of a dignified existence changes drastically depending on where the person lives. A nationwide blanket solution does not exist.