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In a capitalist market, it is explicitly not proportional to the amount of value you provide. That is the underlaying principle of capitalism… Read up a bit, m
by bradlys 2y ago
In a capitalist market, it is explicitly not proportional to the amount of value you provide. That is the underlaying principle of capitalism…
Read up a bit, man. Even a capitalist would agree with this.
- paulcole 2y agoI can assure you it is. You get paid X. You deliver Y value. The proportion is X / Y. Sometimes that proportion is very high, sometimes it is very low. Sometimes it is negative. Sometimes you get a divide by zero error. And again, the questions. What specific proportion do you think is fair? And how do you calculate the value you provide?
- bradlys 2y agoJesus Christ. That’s not how it works! Capitalism is explicitly not about that. Holy shit this is insane that you think that’s how capitalism works on a website that’s literally about venture capital. What the fuck.
- paulcole 2y agoX and Y exist right? Why can’t you divide them to make a proportion?
- banannaise 2y agoAmong other reasons, because the employer holds all of that information and I'm not given access to it. It's an asymmetric information problem.
- paulcole 2y agoBut you can for sure tell me the proportion that you think is fair right? Should it be 25%, 50%, 99%?
- fwip 2y agoYou're not arguing in good faith, dude.
- try_the_bass 2y agoI dunno, he's asking a really basic question that should be trivial to answer. When I see a basic, level-setting question like this go unanswered, it starts to seem like the side refusing to answer is the one acting in bad faith, not the side asking the question
- banannaise 2y agoThe answer is 100%. This brings us to the start point of the real conversation this person is trying to have, which likely centers on the nature of employment, the importance of Job Creators, and/or the infallibility of markets.
- paulcole 2y agoYes, that is the real conversation. 100% seems delusional to me because you're saying that the company deserves no profit for doing the work of providing you customers to provide value for? It also seems to ignore the fact that some of the value you're creating is used to pay for the work that enables your value creation. Think about payroll processing, benefits administration, hiring, etc. etc. Those roles provide value as well but don't directly bring in money. Isn't that part of the tradeoff of working for a company that they take a "fee" for giving you dependable work? You can approach 100% value-capture by working for yourself but there are downsides there as well.
- banannaise 2y agoI assumed that each of these entities would also earn 100% of their contribution to the value created. How you split up the credit is a difficult problem. (As many developers will note, there is no such thing as a 'cost center'; all labor contributes to the outcome.) However, a bigger problem in the current state is the existence of parties whose only real role is funding, but who receive an outsized portion of the reward.
- fwip 2y agoI don't think you understand what "proportional" means. It doesn't mean "there are two numbers." It means that when looking at all employees, compensation is strongly linearly correlated to provided value.
- paulcole 2y agoWhat specific linear correlation do you think is fair? And how do you calculate the value you provide?
- try_the_bass 2y agoThat's literally what "proportional" means.