|What happens if you make everyone work 20 hrs in his example?
If they are paid for what they make and not the time they spend, everyone earns the same and the workers have more free time. It is this insistence that pay = time which divorces productivity gains from benefiting the worker.
grayman@lemmy.world 1 year ago
Competition. Someone is highly likely to figure out how to shave costs. Then the company can’t even sell the thing and the people lose their jobs.
The point of an hourly wage is that it’s a contract to be paid some hourly amount regardless of how many things are sold. Any thing created will never sell consistently and never sell forever. So again, skill must change. Marketable skills are always changing.
randon31415@lemmy.world 1 year ago
Then how do we incentivize the non-shareholders into more efficient practices? Remember, Occam’s Tweezers