Marxist
Senior Member
The amount of stupidity in this post hurts me.What they are worth as defined by greedy capitalists.I love you. It's why I cannot stand capitalism, laborers do not receive what they are worth, but that's another thing entirely.Just how easy is it for someone to simply "walk off the street" and fill your position? How vulnerable and replaceable are you? How much skills and knowledge have you obtained to be able to effectively perform at your job? Are you willing to work late, way past your convenient 8 hour shift, if deadlines and necessity of your job requires it?
These are the questions that need to dictate the potential of how much you earn. Simply demanding a greater salary or paycheck out of "jealousy" over what someone else earns, just shows how much effort and education some people are willing to invest to advance themselves towards a better way of life.
Your pay scale should be relative to the value of the work you do. How much can your employer sell your work for versus the total cost of production, including your labor? If you make hamburgers which sell for an average of $3.00 each, and you can make 100 burgers in an hour, the value of your work is $300.00 per hour. There are other costs associated with the production of the burgers, such as the cost of the ingredients and packaging, lease payments for the buildings, equipment costs, advertising and promotion, etc. If you are paid minimum wage, you are paid 7 cents for each burger you make. If your wages were to increase to $10.00 per hour, you would be receiving 10 cents for each burger you make.
It shouldn't matter how many others people would be willing to do your job for less, or the skill level required to do the work, what should matter is the value of your work. When you produce a product for sale, such as making burgers, it's relatively easy to calculate the value of your work. What we have seen is that while the retail price of the burgers has risen, as have all of the other costs associated with their production and sale have risen, the wages of the people making the burgers has not. Management pay has risen, and executive pay has skyrocketed, although management and executives aren't being more massively more productive than in the past, but the frontline workers who make the products sold, have not. It's not jealousy or envy for workers to ask that their wages go up as well.
Actually, they do receive pretty close to what they are worth. That's why so many people hate capitalism. Their labor simply isn't worth much.
Nope. The consumers decide what they are worth. If consumers were willing to pay $100 for a hamburger, then burgerflippers would make $100/hr. Since consumers are only willing to pay $4.00, buger flippers only earn $7.25 hr.
Heart surgeons make $250,000/yr or more because consumers are willing to pay a lot to a person who will keep them alive.