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Here’s an economics lesson 101 for retarded progressive, leftist entitlement monkeys that blame their no skill, no education low wages on those evil corporations.....


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Who decides how much we earn? 

  1. Learn
     
  2. Your Livelihood
     
  3. Wages
     
  4. Who decides how much we earn?

According to most economics textbooks, our wages are determined just like any other price: by supply and demand. People supply their labor, and companies demand it, creating a market for labor.

In broad strokes, the standard theory is pretty straightforward. When a lot of people can do the same job, the wage for that job is pushed down (because more people can supply their labor). When it takes special skills or education to do a job, wages are pushed up, because fewer people can supply their labor. On the demand side, employers are willing to pay more for an employee that can make them more money.https://www.ecnmy.org/learn/your-livelihood/wages/who-decides-how-much-we-earn/

 

Stop with the conspiracy theory that anyone else is in control of YOUR labor value, idiots. 
 

It’s not evil corporations or rich people that even determine your labor value. It’s YOU. 

 

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2 hours ago, DeepBreath said:

Who decides how much we earn? 

  1. Learn
     
  2. Your Livelihood
     
  3. Wages
     
  4. Who decides how much we earn?

According to most economics textbooks, our wages are determined just like any other price: by supply and demand. People supply their labor, and companies demand it, creating a market for labor.

In broad strokes, the standard theory is pretty straightforward. When a lot of people can do the same job, the wage for that job is pushed down (because more people can supply their labor). When it takes special skills or education to do a job, wages are pushed up, because fewer people can supply their labor. On the demand side, employers are willing to pay more for an employee that can make them more money.https://www.ecnmy.org/learn/your-livelihood/wages/who-decides-how-much-we-earn/

 

Stop with the conspiracy theory that anyone else is in control of YOUR labor value, idiots. 
 

It’s not evil corporations or rich people that even determine your labor value. It’s YOU. 

 

Its just easier to shift blame. Liberals cant take responsibility for their own lives and future. Someone else has to be at fault. 

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