How Are People Paid In A Socialist Country? Wages are one of the most important economic instruments through which each worker in socialist society is given a personal material interest in the results of his work: he who works more and better also receives more. … The money wages of each worker by hand or
How Were Workers Paid In The Soviet Union? Throughout the Stalinist period, most Soviet workers had been paid for their work based on a piece-rate system. Thus their individual wages were directly tied to the amount of work they produced. … The piece-rate system led to the growth of bureaucracy and contributed to significant inefficiencies
Why Some Occupations Receive Higher Wages? Wages are likely to be higher in occupations where workers have strong bargaining power relative to employers. This is more likely to be the case if most of the workers are members of a trade union or professional organisation which can bargain collectively on their behalf. Why do some
What If Everyone Had The Same Salary? If people were paid the same about for the same work output, then highly productive people would work much shorter hours and have much more time off, because they couldn’t earn more money by working more. The probable answer is lower productivity, since there would not exist merit