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by kube-system 1467 days ago
Poor symphony pay is not because of labor oversupply. It’s due to a lack of revenue. Many rely highly on grants and donations to make payroll, with ticket sales only being a small fraction of their income. The budget is determined by how many wealthy donors send in money.
1 comments

That feels like a semantic distraction to me. Is it too much supply, or not enough demand? I think they both mean the same thing.
It’s more complicated than people buying fungible quantities of widgets. A donors choice to donate is not really linked to supply of labor. Wages are more greatly linked to the supply of rich philanthropists in the local area, than the supply of labor. One orchestra can supply an infinite number of philanthropists. It’s not a consumable.