this post was submitted on 23 May 2026
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I do think different people, doing different things, under different contexts, will value their time differently
While i do like the dimmension of time and value exchanged via a currency, i think it fair that some labor is considered more valuable than other labor
However i do also think, that to set that reference point, there should be a pool of jobs available that pay at some set wage, that wage by definitiom setting the unit of the currency - so that when you buy something for 2 hours - you know what the meaning of that is - its two hours spent digging a ditch, or being a crossing guard, or a beaurcrat, caretaker, etc - whatever jobs are in that pool that can be fairly easily entered (and left) at any time - and who the government is charged with ensuring there are never more people willing to work than jobs available at this wage
Other jobs might pay more or less than the 1hr$ for 1 hour wage, but a person can always say "screw this, id rather dig a ditch and help my community for 1hr$/hr"
Agreed. A physician who spent a decade earning the ability to do a lifesaving surgery that might take two hours has a different value than someone working two hours at a retail cash register.