r/CuratedTumblr • u/Justthisdudeyaknow Prolific poster- Not a bot, I swear • 1d ago

Infodumping Unskilled does not mean un needed.

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u/TheFoxer1 1d ago

Wage is agreed upon by two parties for a service provided.

Nothing more and nothing less. There is no intrinsic value of anything.

The logic of the message in the post is fundamentally flawed, as it compares what would happen if the Labour of all warehouse workers stopped with what would happen if one CEO of an international corporation would stop.

This is of course wrong, as the world would equally cease to function if the post actually compared Labour in equal measure and compared the situation with all CEOs in general stopping - in which case the world would equally collapse.

However, Labour as such, has value on a market. And as there is no intrinsic value, it is only worth what another agrees to pay for it.

And as it is part of a market, it will generally follow the laws of supply and demand.

So, if there is much supply of people that could provide this service, the price will be generally low - like with warehouse workers.

It takes next to no training or education for someone to work in a warehouse, which means there is much supply of Labour that can be provided by an individual.

Whereas, the work of a CEO of an international corporation demands a person has tremendous experience, education and connections- which means the supply of people able to supply the Labour of auch a CEO is low, and thus, the price will generally be high.

Seriously, this is very basic stuff, taken nearly verbatim straight from Marx‘ Das Kapital.

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u/Iorith 1d ago

The issue you're ignoring is that it isn't an equal agreement when refusing to agree means you go homeless and are unable to eat.

If I have a gun to your head, you cannot consent.