View Poll Results: Is Labor a Commodity

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  • Yes, it's a commodity subject to the market of wages offered

    10 33.33%
  • No, it's not a commodity, workers should receive a living wage

    12 40.00%
  • Yes, fill in your own justification

    2 6.67%
  • No, fill in your own justification

    6 20.00%
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Thread: Is Labor a Commodity?

  1. #161
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    Re: Is Labor a Commodity?

    Quote Originally Posted by TurtleDude View Post
    income taxes are the ping pong ball in politics. they are used by the left to buy the votes of the many by promising that only others will have to pay more.

    and they are the ones (along with the death tax) most used to appeal to class warfare
    Anyways, drop the rhetoric and speak honestly about taxes. As you know, while income taxes are progressive, the others are regressive.

    Quote Originally Posted by TurtleDude View Post
    How is that a government function? what should be the "right amount"

    what they can earn or what you think they should be limited to?
    There isn't a right amount. Ideally everybody in the universe would make trillions of dollars a second I suppose.

    You're still thinking in bumper stickers. Lets turn the question around and see if you can step up your analysis. At what point would concentration of wealth become problematic for society in your view? If 1% of the people had 99% of the wealth and the other 99% were living in abject poverty while they lived spectacularly glamorous lifestyles, obviously that would be a problem right? They couldn't possibly sustain that lifestyle with no consumers or qualified workers, there would be a revolution, it would be grossly unfair, etc. Right? On the other hand, if the top 1% had only 1% (everybody has the same), that would be no good too because there would be no incentive to work hard, it would be unfair because people would take advantage, etc. So, where do you think the balance is? What is the ideal amount of wealth concentration and why? Or maybe a range that you think would be acceptable?

  2. #162
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    Re: Is Labor a Commodity?

    Quote Originally Posted by drz-400 View Post
    Labor is not a commodity because it matters who is doing it. Some workers are better than others. Copper and Gold are commodities because it does not matter who you get them from.
    that is like saying steel is a commodity because all steel is the same

    its not

    420 Stainless is not nearly as expensive as ATS-34 or L6 for example

    420 HC is more stainless though. L6 is better for swords CM-154 for some knives etc



  3. #163
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    Re: Is Labor a Commodity?

    Quote Originally Posted by drz-400 View Post
    If labor was a commodity you would not need things like a job interview or a resume.
    Commodities usually go through quality tests before a customer purchases from a supplier.

  4. #164
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    Re: Is Labor a Commodity?

    This is why I don't believe labor should be treated like a commodity.

    At my company, it pretty much goes that the longer you work at the company (at a particular position), the more you get paid year after year, and that's whether or not skill level increases year after year.

    I think this is great and creates sort of a reward system for company loyalty and a culture of 'taking care' of people who have invested a lot of time into the company.

    If labor were a true commodity, a person would not get any increases on wage as they work longer and longer with the company because who the heck would pay more for a commodity simply because you've been using the same supplier year after year?
    Last edited by David D.; 09-11-11 at 10:23 PM.

  5. #165
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    Re: Is Labor a Commodity?

    Quote Originally Posted by David D. View Post
    This is why I don't believe labor should be treated like a commodity.

    At my company, it pretty much goes that the longer you work at the company (at a particular position), the more you get paid, and that's whether or not skill level increases year after year.

    I think this is great and creates sort of a reward system for company loyalty and a culture of 'taking care' of people who have invested a lot of time into the company.

    If labor were a true commodity, a person would not get any increases on wage as they work longer and longer with the company because who the heck would pay more for a commodity simply because you've been using the same supplier year after year?
    that doesn't establish it is not a commodity

    the conversation started probably due to me correctly noting that if one business pays more for the commodity of labor than its competitors it will be at a competitive disadvantage



  6. #166
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    Re: Is Labor a Commodity?

    Quote Originally Posted by TurtleDude View Post
    that is like saying steel is a commodity because all steel is the same

    its not

    420 Stainless is not nearly as expensive as ATS-34 or L6 for example

    420 HC is more stainless though. L6 is better for swords CM-154 for some knives etc
    No, that is not what I am saying at all. 420 stainless is 420 stainless no matter who supplies it. Is that the case for lets say, a salesman, or does it matter who is doing it?

  7. #167
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    Re: Is Labor a Commodity?

    Quote Originally Posted by David D. View Post
    Commodities usually go through quality tests before a customer purchases from a supplier.
    Do consumers typically care who supplies a commodity? Do you care whether your gas is made by chevron or shell?

  8. #168
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    Re: Is Labor a Commodity?

    Quote Originally Posted by TurtleDude View Post
    that doesn't establish it is not a commodity

    the conversation started probably due to me correctly noting that if one business pays more for the commodity of labor than its competitors it will be at a competitive disadvantage
    But if labor is a commodity, what is my company's motivation for paying the same worker with the same skill level more and more year after year (actual raises - not just cost of living increases)? If labor is a commodity, wouldn't they be paying him/her the same going market rate for the skill provided year in and year out?

    And this is a very influential, competitive, and HUGE corporation too that doesn't screw around when it comes to finances.
    Last edited by David D.; 09-11-11 at 10:33 PM.

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    Re: Is Labor a Commodity?

    Quote Originally Posted by drz-400 View Post
    Do consumers typically care who supplies a commodity? Do you care whether your gas is made by chevron or shell?
    Well, I'm a big fan of the Shell logo (because it looks cool) so I usually go there.

    I suppose sometimes people won't go with a particular commodity supplier if they think the company is unethical, for instance. I remember people boycotting BP recently after the gulf spill.

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    Re: Is Labor a Commodity?

    Quote Originally Posted by David D. View Post
    Well, I'm a big fan of the Shell logo (because it looks cool) so I usually go there.

    I suppose sometimes people won't go with a particular commodity supplier if they think the company is unethical, for instance. I remember people boycotting BP recently after the gulf spill.
    But you typically don't because it is fungible. If you gave me a gallon of gas one day because I ran out and I came back two days later and repaid you with a gallon of gas, you wouldn't care.

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