An employer who has leverage is exploiting you, I never denied that. My point is that it’s leverage that gives people power. If your best skill set is equivalent to a high school student, you have no leverage. You can obtain leverage by obtaining and developing skills, or by creating value. If not, the employer has all the leverage and will use it to exploit you.
Leverage goes both ways. It’s just people like you refuse to see it both ways. You just think employers with all the leverage will pay you more out of the goodness of their heart. No, you as person has to create leverage so that you can demand it.
Curious. Why is our economic system set up in such a way that the people who do most of the hard labour get paid the least those higher up get paid shit tons for nothing. Is there a specific reason or some benefit this?
Because in a world of finite resources, everyone is fighting each other for power. The cost of labor in my country also has to compete with the cost of labor in other countries like China. It’s embedded in everything.
If I paint your fence and do a crappy job, but I worked real hard otherwise, should I get the same pay as someone else who equally worked hard but did a better job?
If I am good at digging holes, but cannot monetize my own labor, is it fair to sell my labor to a company who can monetize me digging holes? Is if fair that the company takes a portion of that value so that I can have guaranteed pay?
No one is fighting for power anymore dude, you must be heavily misinformed. Power has been consolidated since Reagan. The only way to go forward is to flip the table, remove the entire cancer and redistribute wealth and resources. Everything else is laughably out of touch.
The game ended 40 years ago, unbelievable people are still being misled and lapping up lies saying otherwise.
You literally contradicted yourself. You literally called for the redistribution of wealth and resources. Which is the same as the redistribution of power.
You explained it as clear as day for these people and still no one is getting it… Thats why some people make more. They can explain things to people and that’s why some people make less… they can’t even absorb basic information.
So when Walmart has the resources to come in and take a loss for over a decade by underpricing it's merchandise, effectively destroying 50 business' supporting families, they don't have an unfair advantage by hoarding enough wealth to violently destroy the middle class?
Exactly, then you understand how a hostile industry takeover works. You recognize how it only serves to concentrate wealth and power further, or you're just lying to yourself because you have an overly inflated ego and are trolling.
Wealth isn't limited to individuals, but you already knew that. You work in finance, you're basically the smartest human to ever live, nothing more to learn, might as well give up since you won the game?
I'm saying there is no fighting for power in the sense that you describe. That game ended a long time ago.
Hence we need to redistribute it so that we can have a competitive economy again. And then vy for power in a traditional sense again.
It's too concentrated, there is no struggle. It's just accept what the masters say you can have. That's why everything is 4 times the price it was a few years ago. Every industry has been hostily taken over.
I may have misinterpreted what you said, I'll acknowledge that.
But I'm not twisting anything, I'm merely relaying observations on how the economy works and human behavior.
The only innovations today are how to commodify more menial things to exploit the poor further. Meta will buy a seat on the board of a new innovative industry,for $100m. Then sabotage the new tech and ensure it never makes it off the ground, this is a very common business practice nowadays, it's hard to imagine people aren't familiar with it if you have been paying attention.
90% of stocks are owned by 10% of the population. There is virtually no middle class remaining.
We have no competitive advantage, due to concentration of wealth, to make any impactful competition to disrupt these industries who have accumulated such vast percentages of the finite resource cash.
You truly believe people have a competitive advantage in this economy, without a small nations worth of wealth?
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u/OcclusalEmbrasure 8d ago edited 8d ago
An employer who has leverage is exploiting you, I never denied that. My point is that it’s leverage that gives people power. If your best skill set is equivalent to a high school student, you have no leverage. You can obtain leverage by obtaining and developing skills, or by creating value. If not, the employer has all the leverage and will use it to exploit you.
Leverage goes both ways. It’s just people like you refuse to see it both ways. You just think employers with all the leverage will pay you more out of the goodness of their heart. No, you as person has to create leverage so that you can demand it.