Social Value Index

Measurement of value tends to be economically focussed as opposed to socially focussed. What is of value to society is not well paid.

If jobs that added value to society were adequately remunerated, it would be of benefit to individuals and to society as a whole.

If we really want to make a fairer society, we need to look at this and place a higher value on public service workers. GDP doesn’t consider the value added by teachers and policemen and these types of occupations to society.

As long as GDP is still focussed on transactional value, value will continue to be determined by economics.

An alternative view is that value should be placed on more unique skills. It’s ok that a surgeon is paid more than a nurse because they have a more unique skill set.

However, a counter-argument is that if there weren’t nurses, surgeons couldn’t do their jobs. If there weren’t cleaners to clean operating theatres, they couldn’t do the job.

Some people are paid very well to destroy jobs to save companies money. Also, outsourcing of jobs abroad is used to save money despite the quality not being as high.

Outcomes approach to working in social care misses the key thing, which is relationships between care givers and receivers. It has become a sterile environment - there is little human interaction anymore and the focus is all on process.

 

Why the contribution is important

This is important as it would mean that doing the jobs which create the most social value in our society are more financially valued.

by FairerScotlandAdmin2 on October 30, 2015 at 02:48PM

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