The contradiction didn’t exist, until you assumed another idea they never demonstrated. They wouldn’t agree that a company’s market share should directly translate into compensation for individuals, because it has “intrinsic value”. It’s only a contradiction if you belive that they belive in the same dogma of “obvious truths” you propose. They could very well say that everyone’s work or life has intrinsic value. Again, who is right or wrong doesn’t matter in this case, just that they belive something else, than what you assume they do.
Personally, I’d argue “intrinsic value” is subjective bullshit as we people are the harbingers of meaning and in turn value, and that a system that awards value as you describe is monopolistic and so detrimental to society at large and thus has negative value.
You can say I’m wrong, but it doesn’t change the fact that it’s yet another example of a view that isn’t contradictory to your “obvious truths” as it simply builds on different values. A thing that’s different in every culture FYI.
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.
The contradiction didn’t exist, until you assumed another idea they never demonstrated. They wouldn’t agree that a company’s market share should directly translate into compensation for individuals, because it has “intrinsic value”. It’s only a contradiction if you belive that they belive in the same dogma of “obvious truths” you propose. They could very well say that everyone’s work or life has intrinsic value. Again, who is right or wrong doesn’t matter in this case, just that they belive something else, than what you assume they do.
Personally, I’d argue “intrinsic value” is subjective bullshit as we people are the harbingers of meaning and in turn value, and that a system that awards value as you describe is monopolistic and so detrimental to society at large and thus has negative value.
You can say I’m wrong, but it doesn’t change the fact that it’s yet another example of a view that isn’t contradictory to your “obvious truths” as it simply builds on different values. A thing that’s different in every culture FYI.
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.
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.