# Contested concept: economic value

_**What you are reading**: one contested-concept page in Deliberus's deliberation graph. Deliberus maps human reasoning — including claims that are contested, mistaken, or extreme — so that disagreement can be examined precisely. A claim's presence here is not an endorsement: the graph records that someone argued it, how it connects to other reasoning, and how far scrutiny has gotten. The metadata on this page describes the state of that scrutiny, not the truth of the claim._

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- **Contestedness**: criterion
- **Diagnosis**: The term 'economic value' is contested between those who view it as an inherent property of the worker's output and those who view it as a social construct influenced by policy and bargaining power.
- **Canonical**: `/concept/economic value` (data: `/concept/economic value.json`)

## Senses in use
- **The objective marginal revenue product produced by a worker's labor.** — used in 3 claim(s)
- **A flexible range of value that can accommodate higher wages without necessarily exceeding the firm's ability to profit from that labor.** — used in 2 claim(s)

## Claims using this term
- [An unskilled youth who produces only $4.00 worth of economic value per hour will face significant difficulty finding employment in a market…](/claim/claim_0c91b890a792.md) _(sense: The objective marginal revenue product produced by a worker's labor.)_
- [Economists David Card and Alan B. Krueger stated that the minimum wage increase in New Jersey in the early 1990s possibly had a small posit…](/claim/claim_50697593c9cc.md) _(sense: A flexible range of value that can accommodate higher wages without necessarily exceeding the firm's ability to profit from that labor.)_
- [According to the initial results of David Card and Alan B. Krueger's study of the fast-food industry in the early 1990s, an increase in the…](/claim/claim_5d2fb2e40638.md) _(sense: A flexible range of value that can accommodate higher wages without necessarily exceeding the firm's ability to profit from that labor.)_
- [Employers are typically unwilling to pay a worker a wage that exceeds the economic value of the additional goods or services that the worke…](/claim/claim_ae215a433f69.md) _(sense: The objective marginal revenue product produced by a worker's labor.)_
- [In practice, minimum wage laws often price low-skilled workers out of the labor market by setting wages higher than the workers' perceived …](/claim/claim_b84696b910b2.md) _(sense: The objective marginal revenue product produced by a worker's labor.)_