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Wage Labor

Danielle
Posts: 23,780
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1/17/2015 9:08:04 PM
Posted: 2 years ago
Is wage labor a form of "economic slavery?" Discuss!

But before you do so, please take the time to read this debate and hear both sides of the argument. Honestly I thought this was a pretty good discussion, but there are 0 votes on it and just 15 hours left to judge. Yes I know "there's a thread for that" but I've been asking people to vote on this debate for a week and nobody has... womp womp. If you read the arguments, it'll make for a more thorough forum discussion ;)

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Smithereens
Posts: 6,974
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1/21/2015 11:14:45 PM
Posted: 2 years ago
What's the alternative to wage labour? I'm ignorant when it comes to economics...
"Your signature should not have the name of other players in the game, nor should it have the words VTL, Vote, or Unvote."
~Yraelz, 2017
RovhieendaG
Posts: 1
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1/22/2015 6:40:01 AM
Posted: 2 years ago
It is indeed the best thing to have an equal justice between the poor and the rich ones. Government representatives descended like a furious cloud of bees searching for justice onto the headquarters of the Scooter Store recently. The company, the one behind those commercials guaranteeing power scooters for all with jeopardized mobility, is being probed for possible Medicare scam. You may need a https://personalmoneynetwork.com...
Benshapiro
Posts: 4,116
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1/22/2015 7:50:39 PM
Posted: 2 years ago
Marx has an interesting take on this and there is some truth to it. Laborers forego their "real" slice of the producer surplus in return for wages. By paying the laborer in wages, the producer is able to keep more of the surplus that the laborer helped create.

On the other hand, workers are free to become producers if they wish. I think that the risk producers take when starting a business (by investing loads of capital) offsets the "unfair" additional surplus that they pocket from the laborers. Let supply and demand determine what's fair and what isn't.
Diqiucun_Cunmin
Posts: 2,724
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1/23/2015 9:01:43 AM
Posted: 2 years ago
At 1/22/2015 7:50:39 PM, Benshapiro wrote:
Marx has an interesting take on this and there is some truth to it. Laborers forego their "real" slice of the producer surplus in return for wages. By paying the laborer in wages, the producer is able to keep more of the surplus that the laborer helped create.


I don't think I understand this... What is the 'real' slice of producer surplus? Is it the value added by their effort?

Aren't workers' wages determined by market forces as well? In the labour market, don't they have an inverted right-angled triangle as their PS, too?

(Sorry for asking so many questions; I'm not doubting what you said - I'm just asking because I don't understand. ;) )
The thing is, I hate relativism. I hate relativism more than I hate everything else, excepting, maybe, fibreglass powerboats... What it overlooks, to put it briefly and crudely, is the fixed structure of human nature. - Jerry Fodor

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