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.
This is what Mondragon currently does, from what I understand. I believe they have some system of elections for the individual companies and collectively decide on pay for different roles. There's a company wide rule, however, that the pay ratio of highest paid to lowest paid worker cannot be greater than 8:1.