31 lines
1.2 KiB
Markdown
31 lines
1.2 KiB
Markdown
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---
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entity_slug: money_price_of_labour
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entity_type: Element
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vsm_system: S2
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type_rationale: The money price of labour is a wage rate expressed in monetary units
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that exists as a measurable economic quantity or stock value at any given time,
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rather than being a process, relationship, or abstract principle.
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vsm_rationale: As a wage rate that serves as a price signal coordinating the labor
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market and preventing oscillations between supply and demand for workers, the money
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price of labour functions as a coordination mechanism within the economic system.
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classified_at: '2026-02-23T11:16:32.739576'
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---
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# Classification: Money Price Of Labour
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## Entity Type
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Element
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## VSM System
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S2
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## Type Rationale
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The money price of labour is a wage rate expressed in monetary units that exists as a measurable economic quantity or stock value at any given time, rather than being a process, relationship, or abstract principle.
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## VSM Rationale
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As a wage rate that serves as a price signal coordinating the labor market and preventing oscillations between supply and demand for workers, the money price of labour functions as a coordination mechanism within the economic system.
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