IF YOU THINK WORKERS WHO STAND OVER BOILING FRY BASKETS 8 HOURS A DAY ARE LAZY' AND DONT DESERVE $15HR BUT THE CEO WHO MAKES $9200HR WORKS HARD YOU SUCK AS A HUMAN BEING Walter LimFlickr <p><a href=httpsouthernrepublicangirltumblrcompost140294842178libertybill-phroyd-republicans-suck-as-human class=tumblr_blog>southernrepublicangirl<a><p> <blockquote><p><a class=tumblr_blog href=httplibertybilltumblrcompost140294721282>libertybill<a><p> <blockquote> <p><a class=tumblr_blog href=httpphroydtumblrcompost140214105632>phroyd<a><p> <blockquote> <h2>#Republicans Suck As Human Beings!<h2> <p><a href=httpphroydtumblrcom>Phroyd<a><p> <blockquote> <h2>Oh jeeze here we go!<br><h2> <figure data-orig-width=728 data-orig-height=546 class=tmblr-full><img data-orig-width=728 data-orig-height=546 src=https78mediatumblrcom7c2ab8050267f787c10882d08298e6fetumblr_inline_o3dshfzJlK1r4a3sa_540jpg><figure><p>So I really want to address this because this whole concept of who “works harder” and who is more or less “deserving” of wages hinges upon bad economic theory<p> <p>This is using the outdated <b>Labor Theory of Value<b> The LTV postulates that the value of a persons labor is what gives value to the good or service they produce and that owners of the means of production reap profit off the difference between wages and the price of the product <br><p> <figure data-orig-width=728 data-orig-height=546 class=tmblr-full><img data-orig-width=728 data-orig-height=546 src=https78mediatumblrcom6ef0d23aa35f80aa514f9a4f3932a97atumblr_inline_o3dsg9EQWr1r4a3sa_540jpg><figure><p>In reality the value of labor in the processes of production have no relation to the value of the good or service Value of a good or service is completely subjective to each individual This means that any notion of who deserves what and who works harder than another person is devoid from what they are paid The value of your labor is comprised of the aggregate subjective opinions of all employers in the market based off the scarcity of your labor This is called the Subjective Theory of Value<p> <figure data-orig-width=600 data-orig-height=600 class=tmblr-full><img data-orig-width=600 data-orig-height=600 src=https78mediatumblrcoma2f0815ec6639d7a321328c4034b7ac1tumblr_na5cp6rPWh1qd33r3o1_1280jpg><figure><blockquote> <p>I have worked in fast food and let me tell you there is nothing difficult about putting food in a frier and pressing a button Easiest and surprisingly favorite job I’ve had <p><blockquote> <p>Lmao OP actually thinks you could put a couple of fry cooks in a board room and have them run the company<p> Meme

Bad

Fast food

Food

Lazy

LMAO

Run

tumblr

Blog

Flickr

Good

found @ 19 likes ON 2018-06-07 14:57:02 BY astrologymemes.com

source: tumblr