Re:Programmers Should Plan for Lower Pay
by godelski on Sunday November 06, 2022 @12:24AM
(#33488975)
> Minimum wages, labor laws, safety standards, anti trust laws, and all of that can exist, but I am still going to expect buyers to pay the least a seller is willing to accept. And conversely, a seller is going to demand the most a buyer is willing to pay.
What you're not getting is that this is theory, but not the world in practice.
>we pay people the lowest amount we can that is enough to keep them from going to another job.
Minimum wages, labor laws, safety standards, anti trust laws, and all of that can exist, but I am still going to expect buyers to pay the least a seller is willing to accept. And conversely, a seller is going to demand the most a buyer is willing to pay.