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To be more precise, it pays people for their differentiated contribution to the economy. If there’s no one to open the office doors in the morning, productivity
by namdnay 5y ago
To be more precise, it pays people for their differentiated contribution to the economy. If there’s no one to open the office doors in the morning, productivity is 0. Does that make the security guard the highest paid staff? Of course not, because he’s easily replaceable. A developer whose absence will only lose the company 1k a day may be paid 500 a day, because the few people who can bring in those 1k all want more