Yoga Face said:
because a disproportional amount goes to the elite. That argument has not been refuted nor can it.
Someone has refuted it in economic terms. I agree with you that it cannot be "refuted" because the way you have stated it, it appears to be a pure matter of faith and ideology, not grounded in any way in economics.
If you are a communist you believe our system is disproportionate becuase not everybody gets the same. If you are a socialist you may or may not like our system depending on where you sit in the spectrum. If you are a full blown laissez-faire capitalist you probably believe our system is disproportionate because the poor get too large a share of the wealth (i.e, unearned, undeserved welfare).
So I am not sure what you are trying to pull. Are you trying to assert that your ideology is right and everybody else is wrong? Or did you actually think that you had made some sort of rational economic claim? (You haven't.)
What happens when there are more skilled employees than jobs ?
That's like asking what will happen when the sky falls. It's as nonsensical as thinking the sky is made of something that can fall. Literally.
There is not some finite number of jobs to go around. The total amount of stuff we have to divide up between people, by whatever proportion your ideology says is good, depends on the total amount of stuff we produce collectively.
If you have someone standing around doing nothing you can produce a bit more stuff by having them do something. That increases the total amount of stuff produced, and therefore, everybody can be made better off without anybody being made worse off by putting that unemployed fellow to work.
How much of a share that unemployed fellow should get of the stuff produced is a different, ideological question. In our system his wage is set by supply and demand--there is a certain amount of profit to be earned by having him produce that extra stuff, and he will get a share of it.
That's the long answer.
Short answer is, never going to happen.
The laws of capitalism will force, even if they do not want to, employees to lower your wage will they not ?
A slightly different statement is correct, you're kind of close. If you increase the number of people who have my skills, or lower the demand for my skills, then yes, my wage will drop.
In that case if I'm smart I'll go try and learn new, different skills that are in better demand.
If your claim is that there is some finite limit on demand, that we will reach a day when everybody has every single thing they want, and nobody wants any more--well, don't hold your breath. There will ALWAYS be something that people don't have that they want, and therefore a job for someone who can produce it.
Do you believe there will always be an unlimited market for the skilled therefore never more a need for unions? If so, where is the historical precedent for this?
I'm not sure how to respond to that, because I see the current world economy, and the entire history of the world up to this moment, as a precedent for this. It has never, ever been any other way.