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The difference is that every individual is unique in their ability to create value and their compensation preferences. A product on Amazon has a market price - the thing being exchanged is an objective, metaphysical fact and people assign it a value. In areas of labor where the uniqueness of individuals is less of a factor, you will generally find that pay transparency is the norm. This is often unskilled/low-skilled labor in jobs that cannot offer meaningful non-pecuniary compensation. But most people do not work in such jobs, and even in most manual labor jobs there is a strong element of applying your mind to do good work. As such, your purpose as an individual is much more important. Pay transparency detrimental to you, as an individual. To live a happy life, you must figure out your own purpose and use your mind to achieve it. Happiness is not the result of income, nor is money required to be happy. Your happiness is a function of the achievement of the values you have defined for yourself. If you allow the income of others to influence your decision making, you are only hurting yourself. You should not leave a job that is satisfying in its essentials - that is, it fits with your purpose, you do meaningful work - merely because you discover someone else makes more; that would only hurt you. You don't know - can't know - their purpose, their value, their preferences, that lead to their income and work environment. |
Perhaps someday I'll be less cynical, but I'll go ahead and say it: money might not be happiness, but it sure goes a long way to helping. If you need to work 80 hours / week just to keep food on the table and a roof over your head, leaving no time for you to express you own desires and wishes (and no money to do so), how are you supposed to be happy?
Money isn't directly happiness, but it helps in that you can acquire things that make you happy. For example, if my dream is to become a great guitar player, money towards instruments, lessons, etc. greatly helps. What if I want to see the world? That will cost money and time, which is often even more valuable than money.
> If you allow the income of others to influence your decision making, you are only hurting yourself.
If I find out that I'm getting screwed by my employer, and that I should ask for $20k/year more (which I can only know if I know the salary distribution for people of my trade, in my location), I fail to see how that can harm me. By the very definition, I'm being harmed every day I remain ignorant.
(Certainly, there are individuals who will chase the number, and let their hubris get ahead of them. They're not the people I think such initiatives are attempting to benefit. And I think the argument is that while such initiatives might not be perfect, they do more good than harm.)