If the position exists at that wage, then someone is willing to work at that wage.
You sound like a company I interviewed with years ago, who, straight-faced advertised a position they were trying to fill for a skilled technical professional at the mid-to-low end of a competitive salary 6 or 7 years ago…but that was mid to low based on a 40 hour work week and they were asking for 45 minimum, with mandatory overtime bumping that number to 55-60 per week for about half the time. And oh by the way, to put in that OT, you were required to work it when other members of your team were on site as well, so most teams just always planned to put in at least a half day every Saturday if not a full day, if not some OT as well. Some teams also came in Sunday.
I explained to them that breaking it down by the hour, they were offering a pay cut to anyone with the skills they demanded, not to mention the obliteration of anything resembling work-life balance…and ended the interview prematurely.
Now I’m job hunting again since I want to relocate and going to switch to remote work full time, and I see they’re still posting that same job to the various sites.
So I guess the fact that they’re still looking, for most of a decade, means that someone out there is willing to work for that ridiculous wage and schedule?
I’d say that your argument describes the total opposite of the reality of the situation.
By your rationale, I suppose I could have a position as my personal assistant, where the assistant runs all of my errands and takes all my calls and drives me everywhere…all for $30 per month.
I’m willing to wait as long as it takes to find the right person for this exciting opportunity (in the meantime I’ll handle my own mundane shit) but by your theory, because the position exists, then someone out there is willing to work for that wage!