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.
A homeless person forcefully providing the “service” of cleaning my window has negative value to me. So does Google ruining websearch and undermining web security and in tern national security too. Google hasn’t provided my life any value, while making the world a worse place. I was inclined to say YouTube provided me value in the past, until I remembered Google didn’t make it and that it used to be much better before they bought it.
And yes, money is quite literally subjective. That’s not a hotly debated subject, rather a cornerstone of all modern economic models. And complaining about wages makes sense, because we’re forced to live under this fragile system that directly dictates our well being, while heavily favoring making the world worse. Capitalism requires constant cashflow and it’ll use any tool (like inflation) to coerce people into complying. It literally can’t exists without shit like planned obsolescence or induced addiction as people being satisfied and contempt with their material possessions would hinder the flow of money.
