Notices
Results 1 to 5 of 5

Thread: What value do we place on a child’s time?

  1. #1 What value do we place on a child’s time? 
    Forum Ph.D.
    Join Date
    Feb 2007
    Posts
    924
    What value do we place on a child’s time?

    Labor has been commodified in the American culture.

    I would guess that the average working person makes about $30 an hour. That would be $1200 per week and about $60,000 per year.

    The average big corporate CEO makes about 500 times the average worker thus they make about $15,000 per hour.

    How do we determine how much we value the time of a child? I guess we might say that a K-12 teacher makes average wages and has about 30 children in their classroom thus we value a child’s time at about $1 per hour.

    Do we evaluate a child’s time too highly or too lowly? I think that we place too little value on a child’s time.

    The lower we place the value of a child’s time the more likely will a parent or teacher spend less time with that child. The lower value we place on a child’s time the more willing we are to allow that child to “waste time”.

    Adolescence appears to be something that has developed late in our culture. A hundred years ago a child became an adult at 16 and today that age often extends to the early to mid 20s.


    Reply With Quote  
     

  2.  
     

  3. #2  
    Universal Mind John Galt's Avatar
    Join Date
    Jul 2005
    Posts
    14,168
    It is an elementary principle of accounting that there is a distinct difference between value and price.

    Just as science does not seek to assess the supernatural, accounting does not seek to assess non-monetary value.

    Your post is falsely predicated on the idea that is does.


    Reply With Quote  
     

  4. #3  
    Forum Professor marcusclayman's Avatar
    Join Date
    Mar 2009
    Posts
    1,702
    The value of something is what someone will pay for it.

    This even takes into account personal value, since someone who cares for something personally will pay more for it than someone who does not.



    We don't "value" our children's time less because we "pay" less.

    Some may value their childrens' security, sustenance and possessions, in the moment, are more important than education in the moment and better security, sustenance and possessions in the future. It's not about value it's about investment, and how much risk parents are willing to take.

    Educated children are PROBABLY more apt to leave their uneducated parents. And so it might be instinctual for some parents to attempt to keep this from happening

    You can consider how much low class parents pay for child care as well. Though it is different here and there. I just went on Craigslist-Maine and it seems 10-15 dollars an hour is the going rate for child care. This is a lot compared to education, but still not that much compared to the service. As the risk goes up(in lower income areas), the price goes down, and vice versa. It is a matter of how much money people have to spend on such things, and how much they are willing to invest in the future of their kids lives.

    If you care about the education of your child, and public schools are not enough. There are tutors, extracarricular programs, and get this, YOU can teach your kids things too.
    Dick, be Frank.

    Ambiguity Kills.
    Reply With Quote  
     

  5. #4  
    Universal Mind John Galt's Avatar
    Join Date
    Jul 2005
    Posts
    14,168
    Quote Originally Posted by marcusclayman
    The value of something is what someone will pay for it..
    I agree with the rest of your post, but repeat my comment from the last session. You are describing monetary value. There are values to which no monetary number can be attached and values to which any attached numbers are nominal. This is not just a point of philosophy, but a point of accounting also.
    Reply With Quote  
     

  6. #5  
    Forum Ph.D.
    Join Date
    Feb 2007
    Posts
    924
    Quote Originally Posted by marcusclayman

    If you care about the education of your child, and public schools are not enough. There are tutors, extracarricular programs, and get this, YOU can teach your kids things too.

    I suspect that home schoolers place greater value on their children's time than do the rest of us. Of course, much of the reason for home schooling is religious. It is obvious that Americans give little thought to the importance of education considering how wealth our nation is and how poor our educational system.
    Reply With Quote  
     

Bookmarks
Bookmarks
Posting Permissions
  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •