3DN Valuing Labor in Shares
Valuing contributions of labor in shares
- In my example, I have used 1 share is equal to 1 hour of semi-skilled labor but I would think that would float over time based on a bidding/negotiation process. For any given task, there will be 0 to many people willing to perform the task. If there are 0 the corporation will need to increase the share value until it attracts at least one – (who will clean the toilets for example). If there are many people willing to do a particular task management might institute a bidding process and/or select people based on qualifications (who will play with the babies?).
- The number of shares people will need to justify spending their time with the CIE will depend on the value of the goods and services for which the shares can be redeemed.
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