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I disagree, if time were the intrinsic value then all workers would receive the same disbursement amounts. As Labor also requires Skill and Proficiency those co

I disagree, if time were the intrinsic value then all workers would receive the same disbursement amounts. As Labor also requires Skill and Proficiency those combine to adjust the value of the Labor.

sparkie 8y ago
People with more skill and proficiency don't need to sacrifice as much of their time to provide the basic sustenance they need to live. They can sacrifice a bit more of their time to earn a bit more and improve their standard of living though. The most skilled have the leisure to work when they want and for who they want, because those skills are in high demand and people are willing to pay more for them. Time is the sacrifice. If everybody could have a high standard of living and not work, most would chose not to work and spend that time with their families instead. Obviously, there are some who find meaning or purpose in a lifestyle of work, and chose to do so even if they don't need the compensation which comes out of it. Each to his own.
cyphar 8y ago
Skill and proficiency took the worker time to attain through training and experience, and more skilled workers can save more time (either now through efficiency, or in the future by doing a better job).
- stillbourne 8y ago
  That is not correct. A person who flips burgers and a person who is going to school to learn a trade are both using an equal amount of time. The latter however expended more effort to obtain a skill set and effort and labor are equivalent. A 40 year old who works 12 hour shifts to make ends meet can use more time than an individual who expended effort to train a skill to proficiency and enter a labor market. Additionally, we can have 2 individuals who both spent time training a skill set. One can end up more proficient than the other despite time or effort spent as despite the old adage not everyone is created equal. Some are prodigiously gifted. One person may struggle through his tutelage while the other breezes through. In the end they both put in the same time, 4yrs, do they get paid the same because they put in the same time? On the contrary, I went to school with several people that made it through the program for CS and got the paper, but are working in hospitality, warehouses, or sheet metal. They put in equal time do they all get paid equally?

I disagree, if time were the intrinsic value then all workers would receive the same disbursement amounts. As Labor also requires Skill and Proficiency those combine to adjust the value of the Labor.

sparkie 8y ago

People with more skill and proficiency don't need to sacrifice as much of their time to provide the basic sustenance they need to live. They can sacrifice a bit more of their time to earn a bit more and improve their standard of living though. The most skilled have the leisure to work when they want and for who they want, because those skills are in high demand and people are willing to pay more for them. Time is the sacrifice. If everybody could have a high standard of living and not work, most would chose not to work and spend that time with their families instead. Obviously, there are some who find meaning or purpose in a lifestyle of work, and chose to do so even if they don't need the compensation which comes out of it. Each to his own.

cyphar 8y ago

Skill and proficiency took the worker time to attain through training and experience, and more skilled workers can save more time (either now through efficiency, or in the future by doing a better job).

stillbourne 8y ago
That is not correct. A person who flips burgers and a person who is going to school to learn a trade are both using an equal amount of time. The latter however expended more effort to obtain a skill set and effort and labor are equivalent. A 40 year old who works 12 hour shifts to make ends meet can use more time than an individual who expended effort to train a skill to proficiency and enter a labor market. Additionally, we can have 2 individuals who both spent time training a skill set. One can end up more proficient than the other despite time or effort spent as despite the old adage not everyone is created equal. Some are prodigiously gifted. One person may struggle through his tutelage while the other breezes through. In the end they both put in the same time, 4yrs, do they get paid the same because they put in the same time? On the contrary, I went to school with several people that made it through the program for CS and got the paper, but are working in hospitality, warehouses, or sheet metal. They put in equal time do they all get paid equally?