> One employee is fungible, the entire workforce is not.
Not sure what it is, but man i dislike this term being used like this.
To be "fungible" is a contract for a physical good without a specific "sample" of that good being specified.
So you can put a contract on for "100oz" of gold, and the counter-party can complete their obligation by supplying one 100oz bar, or 10 10oz bars, etc.
Legally, they met their obligation as these are "fungible".
People are rarely "fungible" and it is a pet-peeve seeing this being used all the time like this.
One of the major aims of industrialization has been to make people as fungible as possible. People are not fungible, you're right, but a whole lot of effort + technology + process exists to try to make people fungible. e.g. the assembly line, or customer support scripts.
