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Are workers paid based on their value?

CovenyCoveny 84 Points
The crux of this debate will be to determine what value is.

For me I believe that workers value has been deflated.

An example of how the market doing this is the artificially inflated value of diamonds. My contention is that as opposed to the inflation with diamonds the market has artificially deflated the value of workers.
  1. Are workers paid what they are worth3 votes
    1. Yes (no action) The market self adjusts
      33.33%
    2. No (no action) difference not significant, market will self adjusting, action doesn't work
        0.00%
    3. No (small action) Raising the minimum wage a bit should fix it
      33.33%
    4. No (large action) $15/hr is not enough to stop the corporate greed
      33.33%

Comments

  • LogicLogic 206 Points
    Corporate greed is a problem. Increasing the wage by a decent amount, Will help things.
    agsrmelanielust
  • agsragsr 355 PointsPremium Member
    Premium Member
    I believe that market adjusts to supply and demand.  Worth is highly subjective.  Certain skills demand high premium and certain jobs although highly intensive and maybe important just don't pay enough due to oversupply.  That's why some management consultants like McKinsey may get paid a lot, because their advice is worth hundred of millions of dollars.  Information is power.  For example one may same that a job of lifting rocks is really difficult, but we shouldn't pay workers to manually lift rocks as we have machines to do that.
    Logic
  • LogicLogic 206 Points
    I disagree. corporate= It's my way, Or the high way.
  • agsragsr 355 PointsPremium Member
    Premium Member
    @Logic, the alternative is unionize everything, socialist government control agenda, lack of entrepreneurial spirit.  I dont think we want that.  
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