10 February 2013

Day 189: Will your Level of Education Determine your Income in EMC?

This blog post is in relation to a comment placed on one of our previous blog-posts - you can check out the full comment at http://economistjourneytolife.blogspot.com/2013/02/day-188-simple-solutions-in-equal-money.html

~ Since I am the one who made the comment, I will rebuttal your response also.
First you are comparing green apples to red and saying they are worth the same at the register, which I tend to agree with. But, my comment was based more on someone that had 4 yrs of college or previous experience to someone who dropped out of high school.

We can not dismiss the expense of a higher education, or the value of years of previous experience, by paying say a gas station attendant of fast food server the same as the doctor or technician you spoke of. Indeed a doctor or technician, and even a plumber, electrician, or carpenter are needed just as much in today’s society.

Understand that within Equal Money Capitalism – education will no longer be a point of ‘investment’ from which you are expecting ‘returns’. This is one’s approach currently as the result of our environment which promotes competition and profit for the sake of self-interest where it’s ‘each one on his own’ – and is in essence an approach based within survivalism. There’s not enough jobs for everyone to go around with, and so people chose an education and career according to the prospect of money linked to that education/career. This is not a real decision/choice made within the consideration of one’s passions and interest – but based on a fear of not making it within this world and ending up with nothing. People who’ve currently  gone through a process of education and spent a lot of money and work getting there experience a sense of entitlement towards ‘getting a good pay’ – but only because they have experienced the process they went through as being an unpleasant one. If it wasn’t for the reward as ‘a good pay’ – these people wouldn’t have made the same education and career choices. Studying and working for an extended period of time to do a job you love and care about will be the reward itself. Within that, you are not going to be comparing yourself with what other people are doing and what process they went through – because what you are doing and the decisions you have made are merely the common sense outflows/results of your passion and what it is you like to do within Life. So, you’re not going to receive extra compensation for your perceived suffering, because you will not be going through a process of suffering. One’s approach towards education and careers will thus change completely.

In terms of financial investment, education is a basic human right, and thus will be provided by the government through tax-monies. In other words – you won’t have to pay for it specifically, because it is part of the ‘package’ you receive as part of your basic rights within developing yourself to your utmost potential. So – here, again, you will not be spending more money on an education for a doctor or any other type of education – so, here, again – there will not be a sense of ‘deserving’ a higher pay because one spent more money on study fees or study loans.

But there again we can very well pay someone who just started in the trade and has little knowledge or skills, the same as someone who as invested several years into learning and refining their trade. There are different values to ones experience within their chosen specialty, A company cannot afford to pay the unskilled as much because they aren’t capable of doing the job themselves.

Within Equal Money Capitalism the only value worth valuing is Life. It’s not about who can do what job or who went through what process of Education – it’s merely a point of you are here, you are alive and thus you will be supported to remain Life. The idea that a company cannot afford to pay the unskilled is merely the outflow of having polarized wages. Where those who are considered having a ‘special position’ receive way larger sums of income than those who are considered to be within an ‘average’ work position. Once this polarization is out of the way – there will be enough money to go around to reach everyone. Realise also that within the context of an Equal Money Capitalistic System – there will be no such thing as ‘an unskilled worker’.  Once one has completed one’s primary education,  a person will be multi-skilled and capable of a multitude of tasks due to the broad spectrum of education that will be in place.

If you start demanding that all employees and people are paid the same, then what happens is the less experienced workers begin to loose there jobs and their job opportunities as employers begin to limit their hiring to only skilled and experienced candidates. This creating a less people with experience because they can’t get any, and higher demands on the fortunate few who are working. Not to mention higher costs and shorter supplies of said products.

This will not be the case because in terms of equalizing wages – you will still end up with the same amount of costs in terms of paying out wages (if not less) – and as such there should be no reason why one would hire someone whose “overqualified” so to speak to do a job that someone who is less skilled can do at the same level of effectiveness. In addition, the labour market will not operate according to supply and demand. Providing employment forms part of a company’s social corporate responsibility. And decision-making such as you’ve outlined above would be considered unethical. Whenever a person no longer requires to perform a particular job within a company, the company is responsible to provide it with a different task. For companies to just take away a person’s income, which is a person’s lifeline is unacceptable. With such principles in place, it will be in the company’s best interest to ensure that each worker is trained to the best of their ability and to make appropriate matches between a person’s skill-set and their role in the company.


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