this post was submitted on 29 Jul 2023
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FIRE (Financial Independence Retire Early)
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Could be argued it is an over surplus of workers that has led to salary imbalances that aren't adequate for a lot of people, since there's so many desperate people in a position where they are willing or forced to take less. Scarcity hasn't been the problem of the labor market, which has led to increased exploitation.
The problem is that these positions are often not the ones the early retirees are leaving. For those positions there is often a real scarcity. That’s why the salaries for these positions are that high.