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Politics : Formerly About Advanced Micro Devices
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To: tejek who wrote (745034)10/8/2013 4:10:01 PM
From: one_less  Read Replies (1) of 1570111
 
Why can't the transit worker?
Good question.
* It depends on the economic system. If you want to have everyone work, each according to their ability, and pay workers, each according to need, you have to fundamentally change the system from capitalistic to socialistic. If that is what you want, why not be honest and declare it?

*I am the last to claim the materialistic world is fair. However, there are principles which are supposed to help drive wage decision making in a capitalist society.

1. Differences in pay for jobs are based upon variations in job requirements such as skill, effort, responsibility, job description, working conditions, or mental and physical requirements... and in for profit business, the degree to which an employee's contribution has an effect on bottom line profits.

2. The general level of wages should be reasonably in line with what is prevailing in the labor market in the same or similar positions.

3. Wages represent a social contract between worker and employer which is considered by each to be mutually beneficial and acceptable given the considerations in items 1 and 2 .
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