How to legally own a person
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- Employees are willing to trade "freedom" for job stability and increased average returns. Contracters will more easily defect for sporadic higher paying opportunities, which makes them less reliable.
- Employers can overpay employees while ensuring that they know that they are overpaid, to 'domesticate' their employees and improve reliability of outcomes.
- Decades ago, employers could also promise long-term job security to achieve similar effects, however rapidly changing markets mean their future existence (and ability to grant stability) is in question.
- Instead, employees have fixated on cross-company careers, optimizing for general employability , which means that they must still conform to the requirements of a domesticated employeeship.
- However, when employees have significant, direct, measurable profit impact skill, and can make or break the company, they can not be owned.
Last update: September 11, 2021