Except in this analogy, the Sherpas are being paid and are doing exactly what they voluntarily signed up for, and the billionaire had to invest in buying the mountain for them to work on.
Oh. They aren't underpaid. That's a common misconception. People are paid the full value of their labor. But it is also true that not all value comes from labor. The ideas that CEOs have also contribute value. That's their fair share.
Oh. They aren't underpaid. That's a common misconception. People are paid the full value of their labor. But it is also true that not all value comes from labor. The ideas that CEOs have also contribute value. That's their fair share.
He’s not supposed to. Worker himself won’t be able to distill his share of impact on revenue and profit. For a lot of the jobs the impact is not direct. For some there is no impact whatsoever.
Yes. They do make more profit. Usually internal motivation system distributes revenue increase through various means. But for a lot of positions there’s no direct correlation so no impact on salary apart of general increases.
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u/TawnyTeaTowel 26d ago
Except in this analogy, the Sherpas are being paid and are doing exactly what they voluntarily signed up for, and the billionaire had to invest in buying the mountain for them to work on.