alt Hacker NewsYou said "value" of labor, not salary. Salary indicates at best, market rate, but often not even that. Value is something else entirely, and that something seems to be completely disconnected from capitalist measures of market price. See: investment banker salaries vs teachers. See also: the price of a monkey JPEG. Even capitalist value is disconnected from market price, see the current stock market.
> Nobody has ever found a better system.
Anarchists in Spain did in 1936 when they syndicalized the majority of the economy. BTW Walter I'm not sure you remember but I'm fairly certain you've replied these exact words to me before.
> Value is something else entirely
Value is what you're willing to pay for something, and what you're willing to accept as payment.
> Even capitalist value is disconnected from market price, see the current stock market.
The value of a stock is the market price. There is no other value.
The value of a teacher is what you're willing to pay for him, and what he is willing to accept. The value of government paid teachers is not knowable, since the money to pay them is forcibly extracted.
> I'm fairly certain you've replied these exact words to me before.
I've written this many times here!