You are looking at it in a capitalist framing. If you write an app that makes a 2 person job 1, those two people should work half as much because they are twice as productive. But under capitalism, the extra production value goes to the owner instead of the workers - ThreadSky

andy-says.bsky.social • 173 days ago

You are looking at it in a capitalist framing. If you write an app that makes a 2 person job 1, those two people should work half as much because they are twice as productive. But under capitalism, the extra production value goes to the owner instead of the workers

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jackbinds.bsky.social•173 days ago

Doesn't the extra value go to the investors. And aren't retirement funds the lions share of investments.

Most investors have ~10k in shares and have an average salary of < 100k. So the value goes the people..

Not the workers true, but most people who benefit aren't on their private boats

andy-says.bsky.social•173 days ago

I didn't say anything about boats or how much investors make. But on that point, the top 10% of stock owners in the US own over 90% of stocks. I would prefer if my excess labor value went to me instead of getting a small amount back through investments and someone else getting the lions share.

jackbinds.bsky.social•173 days ago

But why would they want to work half as much? I would hate to work half as much. Retirement is a leading cause of death.

andy-says.bsky.social•173 days ago

Its not about how much you work, its about who is benefiting from increased productivity. If you're twice as productive and producing twice the value you should earn that. Work the same amount but you should get the excess value you produce. The problem is productivity has increased but wages havent

jackbinds.bsky.social•173 days ago

Agreed.. Wages should go up.. or at the very least keep with inflation. But that does not mean I think wages should be a reflection of the value I produce. I spent years writing code for an OS that was dis-continued. So I produced no value. Should I give back my wages for this time?

andy-says.bsky.social•173 days ago

That's a fundamental disagreement we have then. I think our work produces value even within large corporations, whether that be immediate or not. I can say that confidently because our employers have salary ranges. If our work didn't produce value how could companies, especially public ones, exist?

andy-says.bsky.social•173 days ago

Your work on that OS that was discontinued produced some value whether it was sold in the past or was used for other streams of profit. That's like saying a baker hasn't produced anything because all their bread has been eaten

andy-says.bsky.social•173 days ago

And before you say "wages have increased" I talking about real wage growth. Productivity has increased but for decades in the US especially, wages have not kept up with cost of living and have lagged behind productivity.

jackbinds.bsky.social•173 days ago

god no.. wages have stalled. I've not got a raise in 2 years.. I'm making about what I was making 8 years ago. Wages have gone up a jokingly small amount.

olvarel.bsky.social•173 days ago

Exactly. Working is not the end game for people. If we can produce enough, safely and ecologically, for the whole world to live decently by working 10 hours a week because we use technology properly, what's the issue? None. We can spend the rest of our time enjoying life.

cptjinglepants.bsky.social•173 days ago

Exactly! Love it.

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