> I fundamentally disagree with your premise. Your rhetoric mimics that of a socialist. I'll tear apart your philosophical rhetoric one part at a time.
I fundamentally disagree with your premise. Your rhetoric mimics that of a libertarian. I'll tear apart your philosophical rhetoric one part at a time.
> The only thing that can determine the true value of your labor is what someone else is willing to pay for i.e. the market.
Right, because capital is always virtuous and would never use its market power to suppress wages...
> You can moan and groan all you want, but yes, if all your work requires is the basic use of your prefrontal cortex, your labor is less valuable than if you were a doctor.
You are conflating value and price. Society would collapse much faster if the low paid servant class collectively stopped working than the high paid knowledge workers (hence we had to make them "essential" and coerce them into working during the pandemic). At least the servant class actually does work of material value. Many if not most knowledge workers are producing little actual value and it is notoriously difficult to determine who actually is producing the value and that isn't even getting into externalities that aren't correctly priced by the market. Do you really think that most companies correctly pay people in proportion to the actual value of their work? That certainly has not been my experience.
> They DO have the ability to bargain. Their ability to walk away is one of their most powerful things they can do.
Not everyone is a well paid computer programmer. Not everyone has the ability to miss a single paycheck and not suffer potentially dire consequences. Employers exploit this power differential all the time. There is a reason why the labor movement emerged and why capital has done all they can to hollow it out over the last 50 years. (Of course organized labor has its own problems. Sadly the world isn't black and white).
> Precious rungs to low skilled employees that use them to climb up out of poverty.
Citation needed. We have long been enamored with the Horatio Alger myth in American life but there are very, very few people bootstrap their way up to the middle class, let alone upper class, starting from poverty and a minimum wage job (there are many middle class people who work low wage jobs for pocket money and experience when they are teenagers or college age but that doesn't count).
> You need to study the basic concepts of microeconomics before formulating your philosophical principles, because as of right now, I can tell you that they are a little insane.
Economics is a branch of philosophy. It is neither the beginning nor end of knowledge. Just because someone's philosophical arguments are not rooted in economic theory does not mean they are wrong. Economists are terrible at making concrete predictions compared to those who practice almost any other field that calls itself a science. Even when they are right, they tend to be so only in a qualitative way (e.g. they might correctly predict inflation goes up or down in certain scenarios but are unlikely to get even a digit correct). The entire field of economics could use a healthy dose of humility.