It's great to see people exploring these issues, but I'm fundamentally confused by this argument. The same productive interdependence that's the subject of the essay makes the marginal product concept fundamentally unworkable/impossible to apply in complex economies--not merely *incorrect* sometimes
sanjukta paul
Today, Evan Behrle examines one of the oldest arguments for income inequality: that workers should be paid the value of their productive contribution.
What this argument misses, he argues, is that the size of any worker’s contribution is largely determined by what other workers do.
lpeproject.org
When defending income inequality, high-earners often appeal to an old left-wing idea: that workers are entitled to the fruits of their labor and should be paid the value of their productive…
