Peasant-year

A unit of value. One peasant-year is equal to the cost of employing one peasant (anyone making minimum wage) for a year.

For example: in the USA minimum wage is $7.25 an hour and peasants are legally entitled to time off, meaning a peasant-year is equal to $7.25 an hour * 40 hours a week * 50 weeks, or $14,500.

Jeff Bezos has a net worth of $184.6 billion, or 12,731,034.5 peasant-years.

3👍 1👎