Well, I said close. Besides, a major league pitcher is much more valued than
a doctor, and that says a whole lot about the society.
I don't think relative rarity is a good measure either. If that were the
case, buggy whip makers would be billionaires. Some of them could make
extraordinary buggy whips. Of course Bill Gates can make extraordinarily
buggy software...
--
"j" ganz @@
www.sailnow.com
"Maxprop" wrote in message
nk.net...
"Capt. JG" wrote in message
Yes, it will work. You have to give people a living wage that's somewhere
close to the value they contribute to society.
I won't accuse you of being a boy scout, but what a fairy tale. Sadly it
doesn't work that way in our society. For example, is a pediatrician
($150K per year) of less value to society than a major league pitcher
($5-15million per year)? Is a college professor ($60K to 200K per year)
of less value than a movie producer (up to $200 million per year or more)?
People are paid based upon the relative rarity of their abilities. Almost
any reasonably intelligent individual can teach high school history, but
very few can average 22 points per game in the NBA or knock out two movies
every three years that will gross $800 million apiece.
Max