• DreamlandLividity@lemmy.world
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    2 hours ago

    They wouldn’t agree that a company’s market share should directly translate into compensation for individuals, because it has “intrinsic value”.

    It doesn’t have intrinsic value. At least not the same as its market cap. I use it as an (imperfect) approximation for the value a company creates by providing goods or services.

    Personally, I’d argue “intrinsic value” is subjective bullshit as we people are the harbingers of meaning and in turn value

    If you don’t think goods and services have intrinsic value, what is the point complaining about wages? Money is tied to the value of goods you can exchange it for. So if value of goods is subjective, then so is value of money. Therefore, fair wages are subjective and there is no way to compensate people fairly.