3 ms·
it's odd that you'd prescribe value-based pricing for a company but not for labor (where you prescribe cost-plus pricing). in a set of fair markets, we'd expec
by clairity 5y ago
it's odd that you'd prescribe value-based pricing for a company but not for labor (where you prescribe cost-plus pricing).
in a set of fair markets, we'd expect both to be value-based.
moreover, we'd expect competition to drive down profits to an appropriate risk-adjusted level, and worker pay to be more equitable with (and perhaps higher than) shareholders and executive managers. the latter is because worker risk is typically concentrated in their (often single) employer, whereas shareholders (and executives) are typically more diversified and less exposed to the risks of a given firm.