08-07-2015, 05:01 PM
Any conversation of this is pretty much pointless.
Look at GStan's graph of wages from 1970-2012- always between 48-52% of GDP.
That's 42 years companies have not been doing what Dan Price did. It's not because no one has ever asked for higher wages, it's not because the companies never thought of paying people more.
On the contrary, at the low end companies have done everything they can to reduce labor costs via automation and outsourcing.
So GStan you can sit down in Tasmania thinking "This is great! Dan Price is the messiah of a new era of equality for the low end of the labor market" if you like.
The rest of the business world is looking at his example and saying "Holy shit, this guy can't afford his house anymore and doesn't have money for his legal fees, he's nuts".
Still only one way to get ahead GStan, learn a skill that pays well.
Look at GStan's graph of wages from 1970-2012- always between 48-52% of GDP.
That's 42 years companies have not been doing what Dan Price did. It's not because no one has ever asked for higher wages, it's not because the companies never thought of paying people more.
On the contrary, at the low end companies have done everything they can to reduce labor costs via automation and outsourcing.
So GStan you can sit down in Tasmania thinking "This is great! Dan Price is the messiah of a new era of equality for the low end of the labor market" if you like.
The rest of the business world is looking at his example and saying "Holy shit, this guy can't afford his house anymore and doesn't have money for his legal fees, he's nuts".
Still only one way to get ahead GStan, learn a skill that pays well.