Employment, by nature, is value extraction.
A business owner receives more value from the employees labor than what the employee is compensated for. This is generally true but not always true.
If ...
Gary, I think you are missing half of the equation. What you say is not wrong, but you have to look at it from the employees point of view. He ALSO gets more value out of his employment than he would on his own. That’s why the relationship stays in time, because it benefits both parties. Win-win.
You hint at it when you say “I think this is why many are OK with having their productive value extracted elsewhere, it negates concern or responsibility and if often met with praise or gratitude that cannot be found elsewhere.”, but you only see it with negative eyes, as if the employees stay out of fear. In many cases is the salary alone, other times is salary+security, or social recognition, or benefits, or whatever….the point is that both benefit, not just the employer.
You hint at it when you say “I think this is why many are OK with having their productive value extracted elsewhere, it negates concern or responsibility and if often met with praise or gratitude that cannot be found elsewhere.”, but you only see it with negative eyes, as if the employees stay out of fear. In many cases is the salary alone, other times is salary+security, or social recognition, or benefits, or whatever….the point is that both benefit, not just the employer.
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