Tryna understand the LTV. I get that only labor creates value, but how do you figure the indirect labor of managing the workers? Whether it’s managed by the state directly or private citizens or elected ppl or whatever, you still need people to manage the people directly adding value, right? so how do you know how much value those people add? Maybe this is an incoherent question, idk. Linking me a thing to read is fine but i’m not gonna read more than ~15 pages b/c i think it’s a fairly simple question.

  • discountsocialism [none/use name]
    ·
    edit-2
    4 years ago

    To expand on your original question: the total cost of is the sum of all of the workers labor hours since all workers incentives are aligned. The emphasis is on the equality of all workers rather than the efficiency of production so it doesn't make a lot of sense to evaluate individual contributions.