3 ms·
> the argument that wages should track productivity is false from economical point of view, in my opinion This view effectively negates all the other values yo
by eyelidlessness 5y ago
> the argument that wages should track productivity is false from economical point of view, in my opinion
This view effectively negates all the other values you expressed. If people contribute N% of overall value but their remuneration tracks value at the epoch of that sort of contribution, you’re effectively ensuring people will exploit that for their own gain without equivalent contribution. And you’re ensuring that they’ll use the power that gives them to protect that disproportionate benefit.