February 12, 2008
Low Wage + Tight Labor Market =

Bitchy employers:

Mike Bunner calls it a ''cowboy mentality,'' the attitude he sees in so many people who come seeking jobs from him.
...
''They don't want to follow rules, and in a workplace there are certain rules,'' Bunner said. ''It's almost like it's a cultural thing.''

A culture where labor is subject to market forces just as any other commodity, and in which Mr. Bunner's area appears to have switched from a buyer's to a seller's. Which reminds me of a connection you get to make when your head is stuffed full of useless history...

What struck me was how much this whining sounded like the whining of Abbots and Lords about what happened after the Black Death. Then, a terrible disease tightened the labor market by at least 33% (perhaps 50%). Since, unlike the Ottomans or Chinese, Europe was unable to simply bludgeon its peasantry into working without wages, European employers had to pay a premium for good workers or settle for less. Since a medieval boss was not much different from a modern one, the chronicles of the day are filled to bursting with complaints about how it was impossible to fill jobs and the workers you could get were awful and how the king or the Pope aught to do something about it. The fact they couldn't is one of the fundamental forces which created our modern world, and why it started in Europe instead of anywhere else.

Fortunately today it's economic growth rather than the scythe of disease tightening up the labor market. However, as long as that market is allowed to function, no matter how bitchy employers get or how arrogant employees become, not only will the economy continue to function it will grow faster and more efficiently than any government program ever could.

Which is not to say people will like it.

Posted by scott at February 12, 2008 03:15 PM

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