Hacker News Reader

Comment by varispeed | Hacker News Reader

Regular IT workers should be grateful they earn substantially more than a teacher or a nurse /s. The fact that labour cost is disconnected from the value it generates is probably one of the greatest scams pulled on working class.

99% of his pay packet should be redistributed among workers.

View on HN

Isn’t Google just distributing varying proportions of a pseudo-monopoly rent? It doesn’t seem like the CEO is really contributing that much to the company, but most of the individual contributors seem to be compensated disproportionately relative to their quality of work (as well).

How will shortages be avoided if pay isn’t deterred by supply and demand? An industry that needs workers raises wages until satisfied, what magical thinking do you propose instead

Every cost is disconnected from the value it generates. Do you pay the price for gasoline, electricity, or food based on the value it provides you?

> The fact that labour cost is disconnected from the value it generates

It's not disconnected from its value in the market, I don't think. I think the great scam is telling people that capitalist values are in any way attached to human values.

The problem is it's quite a bit more challenging to agree on prices for exchange denominated in human values.

There is no common currency.

We don't have to do it, I'm not arguing that market pricing should be changed.

I just want people to stop pretending they're related.

Depends on the country, in some we're just plain office workers like everyone else.

Isn't Sundar a worker? We are talking about his pay from negotiation with capital owners

He's probably muttering "I have nothing to lose but my chains" as he's hand-washing his Che Guevara shirt.

to be fair it's possible Sundar is unhappy and just wants to enjoy his wealth but it's hard to say no to $200m/yr

> Isn't Sundar a worker

Executives are not workers, no

Reply on news.ycombinator.com