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by feedforward 787 days ago
> We don’t know how to value the work of a corporate employee but we’re simultaneously all being paid less than we’re worth.

A number of people do work and create wealth, and then every quarter a dividend is sent off to some heir. "Being paid less than we're worth" as you characterize it. There are people who work, and heirs who parasitically expropriate surplus labor time from those of us who work. Workers work and create wealth, and then whatever remains of that after external expenses is divided into wages for the people who did the work and created the wealth, and the heir who does not work expropriating their profit. This is the being paid less than they are worth part - if the heir was not sent their dividends, the workers who created the wealth would not send off those dividends and that portion of the division would go to wages as opposed to dividends.

That they don't know how to value the work of a corporate employee doesn't trouble me in regards to the just mentioned fact.

If two workers create $240 of wealth in a day, and $60 is sent off as a dividend, and the one who worked 8 hours made $120 in wages, and the one who worked 6 hours makes $60 in wages - then there are methods that might approximate their actual work. One would be to take the $60 going to the heir and give $20 more to who worked 4 hours and $40 more to who worked 8 hours.