this post was submitted on 19 Jul 2023
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While you're correct, we still need to reevaluate what counts as "value" and how value is quantified. Art is valuable, humor is valuable, empathy is valuable; but these things are generally compensated at a low rate in free market capitalism.
The "capitalism" part of that is the problem. What puts the most resources into the control of the ownership class gets compensated the most (and even then, horribly unfairly). Free markets are fine. Concentration of resources to the ownership class is not.