Wouldn't someone who is replaceable be overpaid until they were compensated little enough such that no-one else would work for that amount?
I'm not sure if you subscribe to the notice that it's OK for the worker to max out their compensation while it's not OK for the owner to do so, but I think it's a pretty common stance. Admittedly, the reverse is also true (as I'm hoping to point out).
Ideally, I would hope that negotiations were conducted in a way that is mutually beneficially to both parties. I'd rather we didn't resort to getting as much as we can at the expense of the other party.
Of course in a dog-eat-dog world, what can we expect? All of those bastards on the other side are going to do it to us so let's do it to them first.
But is there an advantage to living in a world that isn't dog-eat-dog? Is it possible to encourage a society where neither side "does it" to the other and neither side thinks of the other as "bastards"? I really, really hope so.
(Possibly not related to your actual position -- your words just made me think of that)
I think both parties try to maximize/minimize for their own benefit, which is healthy and is exactly what determines the market for compensation.
Inherently any gain by one side is at the expense of the other, there is no avoiding that aspect. Either than $X is paid to the pilots or it goes elsewhere in the business. I'm not sure what a non-dog-eat-dog world would look like and how it would be able to persist without heavy incentives to take advantage.
I'm not sure if you subscribe to the notice that it's OK for the worker to max out their compensation while it's not OK for the owner to do so, but I think it's a pretty common stance. Admittedly, the reverse is also true (as I'm hoping to point out).
Ideally, I would hope that negotiations were conducted in a way that is mutually beneficially to both parties. I'd rather we didn't resort to getting as much as we can at the expense of the other party.
Of course in a dog-eat-dog world, what can we expect? All of those bastards on the other side are going to do it to us so let's do it to them first.
But is there an advantage to living in a world that isn't dog-eat-dog? Is it possible to encourage a society where neither side "does it" to the other and neither side thinks of the other as "bastards"? I really, really hope so.
(Possibly not related to your actual position -- your words just made me think of that)