It’s a hard truth that most won’t conscious accept and all the Socialist sorts will violently deny that it is the work that is worth the wage, not the worker. No worker has any intrinsic value, on their work does. And, Ladies, Gentlemen, and Leftists, this is true for exactly 100% of us, irrespective of what sort of labor we perform or for whom.
And yes, that sucks! Then, more often than not, the objective truth sucks for somebody because they’re on the down side of it.
It’s truly simple. It’s the work you do – the product you produce or the service you provide – that has value to the consumer and, hence to the business, be it your employer or your own business. You, yourself are worthless in this equation; you have no value. You are replaceable, either by another worker or, as is more and more common, by an automated process.
But remember, as I said, this applies to all of us. This is totally equal and egalitarian, spanning both genders, all races, and all social classes.
If what you do and the amount of it you do isn’t worth both your wage and your amortized share of materials costs and overhead, you won’t be likely to have a wage anymore. And, by “wage” I do mean your total compensation package, every single dime that an employer has to spend upon you. Your employer – or you, if you own your own business – has to be able to sell the fruits of your labor for enough more than the fully-weighted cost of producing or providing it to make it worth doing so in the first place. Or the business will fail and you will have no wage.
Honestly, this is Economics 101R, but it seems to need to be taught again, and again, and again, because way too many people have serious and deep-seated illusions of worth.
But, and this is both a big and important but, a worker’s work may have more value than the employer either knows or is willing to admit in the absence of force. The effects upon both prices and profits at McDonald’s indicates that some employers can bear to pay more for the work their employees provide.
So, the correct way of thinking is what ones work is actually worth, not pretending that one as a worker has intrinsic worth in a business context.