I had to Google “LTV”. I believe it means the Labour Theory of Value, that the work put in to create something is a measure of that thing’s value. Seems absurd to me. Is there anyone here who believes in it? Or elsewhere, even?
I don’t know how many people explicitly believe it but there is a general worldview that inherently assumes it. There are common memes that use this to show the unfairness of pay disparity, such as this one. Inherently it assumes the only fair way for one person to be paid 351x more than another is if they work 351x harder—LTV. https://www.reddit.com/r/antiwork/comments/yrdbyg/ceos_are_not_worth_351_times_the_average_worker/
I also had to google it and google AI said that LTV means “Lifetime Value”.
I had to Google “LTV”. I believe it means the Labour Theory of Value, that the work put in to create something is a measure of that thing’s value. Seems absurd to me. Is there anyone here who believes in it? Or elsewhere, even?
I don’t know how many people explicitly believe it but there is a general worldview that inherently assumes it. There are common memes that use this to show the unfairness of pay disparity, such as this one. Inherently it assumes the only fair way for one person to be paid 351x more than another is if they work 351x harder—LTV. https://www.reddit.com/r/antiwork/comments/yrdbyg/ceos_are_not_worth_351_times_the_average_worker/
I also had to google it and google AI said that LTV means “Lifetime Value”.