Labor Theory Of Value


You: everyone deserves exactly what they can negotiate. money = time + work
You: do you live in the US?
Stranger: yes
Stranger: sorry i was reading some anime news
Stranger: $7.25/hr is not a living wage
Stranger: i prefer the labor theory of value btw
You: what is that theory?
Stranger: does the custodian work just as hard as the CEO of a large corporations?
Stranger: the value of a commodity can be objectively measured by the average number of labor hours required to produce that commodity.
You: I understand your opinion. I just disagree with the notion that working hard is what constitutes success. by your logic a brick layer should be a billionaire. as I previously stated, creativity is paid way better than manual hard labor. Stranger has disconnected.

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