Comment on We live in a post scarcity information society and we still haven't moved on from capitalism.

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gerryflap@feddit.nl ⁨10⁩ ⁨months⁩ ago

I’m struggling to see what alternative you are envisioning here, but maybe I’m misunderstanding you. People and companies pay for the work they need done. When not enough people do that work, the salaries paid for it will increase. When there’s a large pool of people willing to do a job but not enough people and companies who need that job done, the salaries drop. The capitalist job market, from a theoretical perspective, seems to regulate the job market such that people choose jobs that are desired by society.

Now there’s obviously some downsides to this, because the gap between income levels is way too large in my opinion. Regulation is required so the CEO’s don’t earn like 200 times as much as the cleaning people. But in the end any system that exists needs to make sure that people do work that benefits society. And certain jobs are just more desired by society than others. Not everyone who likes drawing can become an artist, because in the end society just doesn’t need many artists. So any system should penalize people who try to do a job that society simply doesn’t need at that moment and incentivize jobs that have shortages.

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