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by Bakary
2573 days ago
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Unless you hold some capital, you are paid according to how much your work is valued and how much of it can be supplied, not how hard your work is. They are unskilled in the sense that many other people can perform their job after some training. In aggregate the work of farming is highly valuable, but many individuals who partake in such work aren't specifically so and can be replaced easily even if their work is in fact difficult in itself. An established rapper could be paid millions for a single mumbled line on a single song but that happens because he can export his value to millions of people who have in interest in it, whereas the ditch-digger can only rely on his labor and what it can provide in his current location. You say hardly anyone cares, but are you willing to pay extra for the items and services that are produced by farmers and other workers? Perhaps you are, but in reality that is the stopping block that makes people stop caring, and it does have a certain cold logic to it. |
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You are correct - the market will match labor supply with demand. Note that this also cuts both ways - sometimes the market at the "top end" of labor is also constrained. Just because someone is highly skilled does not guarantee a high salary.