• J Lou@mastodon.social
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    1 year ago

    This is false. There are many types of work that the market fails to value accurately. An example of this would be economic public goods. A producer of these will not be rewarded anywhere near the social value of what they produce

    • SCB@lemmy.world
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      1 year ago

      I didn’t say you’re rewarded commensurate to value brought, but rather that workers produce output valuable to consumers.

      • J Lou@mastodon.social
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        1 year ago

        In some cases, the valuation of work by the market due to it involving economic public goods can be insufficient, so people producing valuable public goods are forced to take on another job. In the case of public goods, there is nothing for the employer to appropriate and exclude others from to charge consumers for access, so employers don’t value it despite it being valuable to consumers. I don’t believe they were mis-attributing what work is under the current economic system