Very often, I have asked myself why did I quit several jobs in spite of being far ahead of other's- what did it speak to me. I used to say that, I took a risk and wanted to see how far I can go. But it was inadequate- because in spite of taking risk and seemingly reducing market value, I continued to refuse accept something that I deemed is appropriate. Therefore since risk does not commensurate rewards, therefore, I should relent right- but I did not.
Keynesian Economics which critiques much of classical economic of which a large part of world's economies has one critical comment 1) negotiation between worker's and entrepreneurs is open and the only reason that the worker refuse to supply labour is that one refused to accept the wage at a given marginal product [ or productive value] as the economy is assumed to be at full employment of resources and the only reason for unemployment is frictional- which is adjustment of resources rather than structural. The second of which he did highlighted is one that the reason that one does not supply labour is because 2) the demand for the labour at a given marginal product at a particular real wage for outstrips the supply.
Therefore in this second insight, I have realised intuitively the reason for my unhappiness. I know my value and the value of labour- and I know I have artificially been denied the ability to utilize my resources insofar that the wage does not commensurate with the demand. Assuming that there are 10 Eugene's in this world and all are paid the same wage, they are all effectively underpaid insofar that there were say 20 labour demander's for this particular characteristics
Therefore I knew then at this point, I knew that I had reputation, I knew I had the skills, the only reason that demand is not reaching is insofar that it has artificially been pushed down. Therefore intuitively, I knew I was why I felt disgruntled and felt constantly shortchanged. Demand outstrips the supply at a given real wage even if the marginal product- or effort- remains. I am what people perceived that I am- and if I am artificially pushed down, insofar by non-market driven means, it means that I should not accept my wage; hence I felt constantly short-changed.
Therefore I feel constantly defensive when people accused me for being arrogant or a prima donna- I would normally concentrate on my job and really does not speak unless I have something to say. It is therefore, I understood that intuitively that the actions of other's seeks only to artificially devalue the perceived value and therefore the frustration.
The frustration is therefore in being underpaid in view of a particular skill set rather than in asking for something more than the market demands. And even impeded by structural and organizational constraints- the only reason that I felt that the value insofar does not commensurate if what the market demands is such that the there was no effort insofar to compensate for these material factors in other forms. And therefore lies the frustration rather than that of being unwilling to accept prevailing market conditions and environment.
P/S: however anyone attempts to deny the plagiaristic value of my work and the amount of trickle down effect it generates- the more frustration it would generate. The plagiarism only serves as a reminder of the demand of which outstripping the supply. And it is for this reason, intuitively, I have not accepted the existing conditions. Any label of which to placed other's on a moral high ground is to me, highly unjustified.
Thursday, October 25, 2012
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