Labor Value Re: Farming Re: Villain of the Week: Bolder Technology Corp

[John D. Giorgis]

At 09:34 AM 2/13/01 -0800, Josh Bell  wrote:
>Salary for a particular occupation is indirectly proportional to the number 
>of people capable of performing that occupation at a basic level, and 
>willing to take the job.

This is exactly what I eluded to in my previous post on unions.   In
occupations where the labor has been "commoditized" by a union, such that
the correlation of pay to performance approaches zero, the pay for those
workers is lower.


JDG
__________________________________________________________
John D. Giorgis       -         [EMAIL PROTECTED]      -        ICQ #3527685
   "The point of living in a Republic after all, is that we do not live by 
   majority rule.   We live by laws and a variety of isntitutions designed 
                  to check each other." -Andrew Sullivan 01/29/01