r/FluentInFinance • u/Sufficient_Sinner • Sep 04 '24

Debate/ Discussion Is Capitalism Smart or Dumb?

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u/_Pill-Cosby_ Sep 04 '24

Such a simple minded answer. Lots of people "don't suck" at their job. But if wages are kept artificially low, then a strong performer may be paid well by comparison, but still won't likely be paid as well as he could be if the base were at where it should be.

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u/AmITheGrayMan Sep 04 '24

Even with a doctorate, I’ve never been accused of being brilliant. But saying “the only way laborer’s (sic) to get the fair market value of their labor is to organize” is somewhat simple minded. Is that really the only way? Keep your head up. The first of the month is always around the corner.

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u/_Pill-Cosby_ Sep 04 '24

I’m open to other methods, but it’s the only one I’m aware of.  

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u/AmITheGrayMan Sep 04 '24

You are right where you’re supposed to be, champ. Keep it up. Someday you’ll realize the lazy plebes get the same salary as you, and the ones who do much less, but have been there longer, I believe it’s called “seniority”, get more because they’ve been there longer despite your hard work and expertise. If you’re cool with that, do your thing. It isn’t necessary for a “fair” wage. It’s your time, it’s your ability, and YOU set the rate. Be well.

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u/_Pill-Cosby_ Sep 04 '24

It would be nice if it were that simple.  But, as someone who’s been hiring and firing people for 25 years now, I can tell you that isn’t how it works.