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In Norway, personal income is a matter of public record

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Re: In Norway, personal income is a matter of public record

#22
post #7

While I accept that it might not be so bad once you get used to it, I really can't imagine any reason that it could be a good thing. The government could also compulsorily publish photos of everybody's genitals every year. Again, you'd probably get used to it, and it probably wouldn't be as bad as it sounds, but I can't see any upside to it.

It would force a flattening out of the pay structure in the US. It is up for debate whether or not its a GOOD thing. But that is what it would accomplish because envy is so disruptive in the workplace. Try cutting wages on middle/lower tier workers if they know exactly how much upper mgmt makes. Tough to look a man in the eye while trying to extract some value out for yourself.

> It would force a flattening out of the pay structure in the US.

How? The wealth of the richest is already extensively canvassed in the media.

Re: In Norway, personal income is a matter of public record

#23

Earlier quoted context omitted.

It would force a flattening out of the pay structure in the US. It is up for debate whether or not its a GOOD thing. But that is what it would accomplish because envy is so disruptive in the workplace. Try cutting wages on middle/lower tier workers if they know exactly how much upper mgmt makes. Tough to look a man in the eye while trying to extract some value out for yourself.

> It would force a flattening out of the pay structure in the US. How? The wealth of the richest is already extensively canvassed in the media.

CEOs of big companies yes. Middle mgmt of big companies and upper of small not so much.

Re: In Norway, personal income is a matter of public record

#24
post #12
post #7

While I accept that it might not be so bad once you get used to it, I really can't imagine any reason that it could be a good thing. The government could also compulsorily publish photos of everybody's genitals every year. Again, you'd probably get used to it, and it probably wouldn't be as bad as it sounds, but I can't see any upside to it.

> I really can't imagine any reason that it could be a good thing. It means that anyone who's interviewing for a job at a company can look up what everyone else at the company makes, so they don't have to waste time interviewing with companies that pay too little, and it gives them better negotiating leverage. In general, it pushes the labor market toward being an ideal liberal market. Marx thought that would result…

Ironically, this seems to be where the US is headed, if its ever-growing income disparity is any indicator. If you are paid $50k/yr, that's enough to feed and clothe you and then some, and those at the top are free to pocket the excess.

It will be interesting to see if Norway's new law causes workers to value their labor more highly.

Edit: apparently this is old news! I wonder what effect is has had...

Re: In Norway, personal income is a matter of public record

#25
post #7

While I accept that it might not be so bad once you get used to it, I really can't imagine any reason that it could be a good thing. The government could also compulsorily publish photos of everybody's genitals every year. Again, you'd probably get used to it, and it probably wouldn't be as bad as it sounds, but I can't see any upside to it.

> I can't see any upside to it.

When tax time came around I received papers from the government with a completely filled out tax form based upon all of my public information. If everything was OK I would sms a code back to them and my taxes were done.

Re: In Norway, personal income is a matter of public record

#27
post #25
post #7

While I accept that it might not be so bad once you get used to it, I really can't imagine any reason that it could be a good thing. The government could also compulsorily publish photos of everybody's genitals every year. Again, you'd probably get used to it, and it probably wouldn't be as bad as it sounds, but I can't see any upside to it.

> I can't see any upside to it. When tax time came around I received papers from the government with a completely filled out tax form based upon all of my public information. If everything was OK I would sms a code back to them and my taxes were done.

Isn't this done in other countries where your income information is not made public to everyone?

Re: In Norway, personal income is a matter of public record

#29
post #16

Earlier quoted context omitted.

Marx had a labor theory of value, just like adam smith which is entirely wrong. The cost of a good is determined by the value it provides to the consumer. The consumer will not pay more than the value it provides the to them. In Marx's view the cost of a good is determined by how much it cost to produce.

The cost of a good is determined by how much a producer can get away with selling it for.

Or by how much a consumer can get away with buying it for.
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