Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Wages aren't growing because people don't ask for more money. It's not any more complicated than that.

Go to a store - there is a price on the product. That is not the real price. You can negotiate a different deal, but almost nobody does.

So you have a society of price takers, not price makers.

In that society, the people who set the price are people with the money - business owners/managers and they will set the price as low as they can get.

People need to ask for more money. Then they will get more money. It's not much more complicated than that at the core.



Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: