Most Europeans would be horrified by this concept so I'm not sure it supports your argument.
Most Europeans would be horrified by this concept so I'm not sure it supports your argument.
So why would a service provider be obligated to continue to provide a service that you can profit from?
Another example: if you found a net profitable bet against the house at a casino, is the casino obligated to continue to offer that bet?
We detached this subthread from https://news.ycombinator.com/item?id=26731595.
If I were say, a barista or a warehouse worker (any job that is low-skill relative to white-collar careers and easily replaceable) I would disagree.
But they'd be really happy to earn the same level of income.
And we have unlimited vacation & sick time, so I'm not sure what advantage the 28 holiday thing is.
I completely agree that the U.S. is better suited for high income earners.
It's difficult to compare with Europe,as one unit, as it's as varied as the US is. There are quite a few countries in Europe, where I'd happily take whatever your the associates are making at your firm and I'd have amazing,high quality life with very little to worry about. Alternatively, if I go to London,or Zurich, most salaries would feel like pocket change.
The other aspect,what in my opinion keeps tab on salaries in Europe, is the sheer volume of available quality candidates for jobs. There are tons of people with exceptional education. Not so long time ago, we used to have a running joke back home that why would anyone hire a cleaner without a masters degree?It also used to be a default option to only hire secretaries that only had double masters.
Just one a bit dated example I could find quickly. https://www.bloomberg.com/news/articles/2012-01-09/which-cou...