The engineer is paid less than the value they produce because they don't assume any of the risk. If the product they produce turns out to be worthless or break, they don't have to pay their salary back.
Engineers are never fired? Not even when the company shuts down?
> If the company goes bankrupt, will the engineer be willing to bail the company out?
Sometimes yes, with their (and mine) taxes.
Engineers never lose assets because their work doesn't produce value, or destroys value. Engineers aren't liable for the success of their work. Engineers don't have to return their salary if they don't produce value.
> Sometimes yes, with their (and mine) taxes.
This is an argument for everyone capturing the value produced by companies, not the employee. If you want to argue for harder taxation of corporations, or fewer business incentives, then sure. But this is unrelated to the relationship between the engineer and the company.
Didn't think so.