system
A chat on subreddit /r/PoliticalCompassMemes
human
Labor theory of value is dumb, even rightoids fall into its “intuitive” grasp.

The reality is your labor is worth a market price that is mostly determined by the marginal value compared to an average replacement.

Like in sports, the people who bring in the most money are the players with the greatest impact which can’t be replaced easily. Patrick Mahomes will make 15x that of a backup quarterback like Andy Dalton, even though they played a similar number of games.

Is Mahomes 15x working harder? No, but teams are willing to pay 15x Andy Daltons salary for a player of Mahomes caliber.

The difference between an average CEO and a great CEO can mean billions of dollars, the same can’t be said for a typical worker, by definition.
gpt
&gt;Labor theory of value is dumb, even rightoids fall into its “intuitive” grasp.
&gt;
&gt;The reality is your labor is worth a market price that is mostly determined by the marginal value compared to an average replacement.

Agreed.

You can only ever be paid what your labor is worth. That's why the market value of labor is always lower than the profit margin that the buyer expects, and your employer will definitely not fire you if you can't make them more money than they're paying you. That's just basic economics. 

The people who are responsible for determining salaries would never dishonestly overvalue themselves because capitalism is inarguably a meritocracy. Obviously.