@ Kid
In a capitalist economy , both the worker and employer agree on a wage , and the worker gets it . The worker agrees because he thinks he will be better off with a job than without . The employer agrees because he thinks he will be better off with the worker working for him than without . Where is the exploitation , if no force or fraud in involved ?
Remember , Kid , that there is no absolute wealth . There is only percieved wealth and value . An employer might value the worker at a wage of a dollar a month . The worker may value himself at a billion dollars a month . The upper limit the employer percieves is 1500 $ . The lower limit the worker percieves is 1200 $ . They agree on 1350 $ . Both the worker and employer think they have got a deal ( a good deal , as the worker gets 150 $ more than he percieves his minimum is worth , and the employer gets 150 $ he percieves the worker is worth more than ) .
All the things you talk about are simply disagreements in percieved value . You really need Economics 101 .
In a capitalist economy , both the worker and employer agree on a wage , and the worker gets it . The worker agrees because he thinks he will be better off with a job than without . The employer agrees because he thinks he will be better off with the worker working for him than without . Where is the exploitation , if no force or fraud in involved ?
Remember , Kid , that there is no absolute wealth . There is only percieved wealth and value . An employer might value the worker at a wage of a dollar a month . The worker may value himself at a billion dollars a month . The upper limit the employer percieves is 1500 $ . The lower limit the worker percieves is 1200 $ . They agree on 1350 $ . Both the worker and employer think they have got a deal ( a good deal , as the worker gets 150 $ more than he percieves his minimum is worth , and the employer gets 150 $ he percieves the worker is worth more than ) .
All the things you talk about are simply disagreements in percieved value . You really need Economics 101 .
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