[sokoloff]

In order for employment to be stable over the long-run, the productive employee has to create more value for the employer than they receive. (Employers have all kinds of overheads, unproductive employees, and friction/loss that has to be covered in order for the employer to not run out of money.)

I hope (and work to ensure) that my employer gets an over-unity multiple of value from me and my team’s work. That keeps everyone happy over the long run.

[fool1987]

Oh yeah for sure I am not disputing that this is the way that the system works - the whole thing rests on the compromise point between the employer's margin and the employee's wage. Both need each other to some degree and so a compromise is reached which is the market value of labour.

That said, other models of system are available - worker coops and other models of employee-owned business can and do exist. They have their own merits and flaws though - nothing in this world is perfect.

[sokoloff]

Make it a worker-owned coop; the productive worker still has to create more value than they get paid unless someone else is continually putting money into the coop.

[fool1987]

I agree with you in some ways and disagree in others. In yet more ways, I am undecided. However, I am convinced that this is probably not the best setting for a discussion like this that will achieve anything more than raising people's blood pressure - I hope you'll agree with me on that.