[colinmhayes]

You totally missed the point though. The value you create has almost nothing to do with how much you’re paid. That’s just the most you could possibly be paid. You’re paid the amount your employer thinks it would cost to replace you.

[8note]

And you're arguing that that's a good thing?

[colinmhayes]

I think markets are generally good, yes. If someone wants to do your job for cheaper and they’re just as good they should get the job. Either way, I don’t think it makes sense to talk about things like this as good or bad, they just are the way the are unless you’re talking about a complete revolution.