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Sarge Send message Joined: 25 Aug 99 Posts: 12273 Credit: 8,569,109 RAC: 79 |
1 and likely you make more than the 100-120 you judge And, to clarify, two people that started the same time as me, with even more education than me, with 10 to 20 more years experience were hired on to make about the same as me. |
MOMMY: He is MAKING ME Read His Posts Thoughts and Prayers. GOoD Thoughts and GOoD Prayers. HATERWORLD Vs THOUGHTs and PRAYERs World. It Is a BATTLE ROYALE. Nobody LOVEs Me. Everybody HATEs Me. Why Don't I Go Eat Worms. Tasty Treats are Wormy Meat. Yes Send message Joined: 16 Jun 02 Posts: 6895 Credit: 6,588,977 RAC: 0 |
Wage Smage. The Financial Markets Can and Have made Ditch Diggers owners of Big Houses and Fat Wallets. If You Only Had A Brain. Aack Aack. It takes so little income to be a Richie Rich. Sweetness. Thank You Wall Street. Thank You Capitalists. Playing Your Game, is the Best Game In Town. IGNORE, PhD(Post Hole Digger) Say: Eatin' At Mickey Ds. Yowsa. May we All have a METAMORPHOSIS. REASON. GOoD JUDGEMENT and LOVE and ORDER!!!!! |
Es99 Send message Joined: 23 Aug 05 Posts: 10874 Credit: 350,402 RAC: 0 |
Lots of people who work very hard are very poor. I don't need to think of women in Africa to point out the disconnect between hard work and pay. Nurses work very hard. I don't think hedge fund managers work 1,000,000 times harder than nurses, but apparently the supposed free market does. I don't know who put about this myth that somehow the free market pays people what they are worth. Its a myth, if it wasn't Beyonce wouldn't be earning more than a fireman. People who actually add value to society such as teachers, doctors,nurses, scientists, childcare workers would be earning the most. The free market has it wrong, and its certainly not free. Reality Internet Personality |
Gary Charpentier Send message Joined: 25 Dec 00 Posts: 30651 Credit: 53,134,872 RAC: 32 |
I don't need to think of women in Africa to point out the disconnect between hard work and pay. Knew you didn't. Nurses work very hard. I don't think hedge fund managers work 1,000,000 times harder than nurses, but apparently the supposed free market does. I don't know who put about this myth that somehow the free market pays people what they are worth. Its a myth, if it wasn't Beyonce wouldn't be earning more than a fireman. People who actually add value to society such as teachers, doctors,nurses, scientists, childcare workers would be earning the most. The free market has it wrong, and its certainly not free. If the free market has it wrong, then is the lesson taught in ecnomics class wrong about supply and demand curves? I think you discount knowledge far too much. For your example of a nurse, how about an orderly and a doctor or a medical billing person. Personally I think Beyonce should be getting about what a lounge singer gets in a dive. But she has a skill set that includes the ability to self aggrandize. I hear what you say about the value of different jobs. It does seem crazy. But given the weird ways of value that society places on things, I still say people are paid what society perceives they are worth. That the supply and demand curves are working. |
Sarge Send message Joined: 25 Aug 99 Posts: 12273 Credit: 8,569,109 RAC: 79 |
I still say people are paid what society perceives they are worth. That the supply and demand curves are working. That's quite different from presumably market forces have valued an hours time somewhat close to correct. No mention of perception was indicated in the earlier was posted. |
Terror Australis Send message Joined: 14 Feb 04 Posts: 1817 Credit: 262,693,308 RAC: 44 |
I hear what you say about the value of different jobs. It does seem crazy. But given the weird ways of value that society places on things, I still say people are paid what society perceives they are worth. That the supply and demand curves are working. You will find that that the salaries of Hedge Fund CEO's, Bank CEO's and Fortune 500 companies are not decided by "the free market". These companies are a cartel and the internal market inside it is anything but "free". All are linked by those on the inside having multiple directorships across many companies and other opportunities for mutual back scratching. i.e. You vote for my rise/bonus and I'll vote for yours. We all know what "society" thinks of these people, yet their incomes still stay in the seven figure plus bracket as these people are beyond "society's" reach. If anyone truly believes that Wall St, London and Zurich are truly a "Free Market" they're smoking better stuff than I can get. T.A. |
Sarge Send message Joined: 25 Aug 99 Posts: 12273 Credit: 8,569,109 RAC: 79 |
I hear what you say about the value of different jobs. It does seem crazy. But given the weird ways of value that society places on things, I still say people are paid what society perceives they are worth. That the supply and demand curves are working. I could get you better stuff. ;) But I won't partake. :) |
Sarge Send message Joined: 25 Aug 99 Posts: 12273 Credit: 8,569,109 RAC: 79 |
Personally I think Beyonce should be getting about what a lounge singer gets in a dive. But she has a skill set that includes the ability to self aggrandize. Including the part about perception, Chris? |
Gary Charpentier Send message Joined: 25 Dec 00 Posts: 30651 Credit: 53,134,872 RAC: 32 |
Stupidest (and Shortest) Cruncher/Poster wrote: I still say people are paid what society perceives they are worth. That the supply and demand curves are working. No other method of correct valuation is available. Unless we state my valuation is correct and all others are incorrect. There is no absolute scale to measure against. |
Ex: "Socialist" Send message Joined: 12 Mar 12 Posts: 3433 Credit: 2,616,158 RAC: 2 |
1 in 7 on foodstamps. Socialist. 1 in 7 on foodstamps says more about employers than it does about our governmental systems. I suppose ID would rather people just starve to death, women children and all. For anyone who's not aware, a single adult (or even couple) is very unlikely to be eligible for any assistance, even foodstamps. Things like foodstamps tend to only be given to parents with children in their under-funded household. And our awful horrible socialist (sarcasm) president did make cuts to that program. So I guess I'm a little confused as to the complaint here? #resist |
Gary Charpentier Send message Joined: 25 Dec 00 Posts: 30651 Credit: 53,134,872 RAC: 32 |
I hear what you say about the value of different jobs. It does seem crazy. But given the weird ways of value that society places on things, I still say people are paid what society perceives they are worth. That the supply and demand curves are working. They are decided by the free market. Just like Beyonce, they have the ability to self aggrandize. Just because "everyone" thinks her music is good they bid up the price. Same with a hedge fund or mutual fund manager. Just because he has done well in the past they want to throw money at him to manage. In Beyonce's case it may be more subjective than the fund manager where it can be plotted, it is exactly the same thing, aggrandizement linked worth. |
Terror Australis Send message Joined: 14 Feb 04 Posts: 1817 Credit: 262,693,308 RAC: 44 |
1 in 7 on foodstamps. Socialist. It kind of infers that food stamps are actually a government subsidy to the employers that only pay the legal minimum wage (around $2/hr in some US states IIRC) If the government did not provide food stamps then these employers would be forced to pay a true living wage. But then in the eyes of some, it's only bad when people are given government support. For them, taxpayer support for profitable companies is quite acceptable. T.A. |
W-K 666 Send message Joined: 18 May 99 Posts: 19062 Credit: 40,757,560 RAC: 67 |
On the income topic, shouldn't paid "entertainers" be put into a separate catergory? "entertainers" to include anybody the general public pays to watch or listen to. Paying to include the adverts that fund the TV and Radio stations etc. In the 19th century if you wanted to watch an act then you had to watch it live. In most cases the places these acts were performed were either small or it only occured once. When film came out and it could be copied, many people could watch, in many locations often several times a day. Simarly with sound recording and then Radio. Then we got TV, video recordings and now the internet. So now "entertainers" can earn vast sums because multi-millions of people pay small amounts to watch and/or hear them. |
betreger Send message Joined: 29 Jun 99 Posts: 11361 Credit: 29,581,041 RAC: 66 |
I hear what you say about the value of different jobs. It does seem crazy. But given the weird ways of value that society places on things, I still say people are paid what society perceives they are worth. That the supply and demand curves are working. Gary, one of the properties of a free market is uniform knowledge throughout. That is part of the definition and any other answer does not get a passing grade. Can you cite one market with perfect knowledge? |
Gary Charpentier Send message Joined: 25 Dec 00 Posts: 30651 Credit: 53,134,872 RAC: 32 |
Gary, one of the properties of a free market is uniform knowledge throughout. That is part of the definition and any other answer does not get a passing grade. Ah the IDEAL free market. as I said But I never claimed that was to a penny an hour We are talking about what is, not some flight of fantasy. <edit>How about the auction of an unopened trunk from an abandoned storage locker. All the bidders have the same knowledge, none. |
betreger Send message Joined: 29 Jun 99 Posts: 11361 Credit: 29,581,041 RAC: 66 |
Gary, well a less than perfect market does not necessarily allocate resources in the most efficient or equitable manner. LOL, I'll spend whatever it takes to buy that trunk. |
dancer42 Send message Joined: 2 Jun 02 Posts: 455 Credit: 2,422,890 RAC: 1 |
first just so you know food stamps are issued by the department of agriculture and are in fact an aid to farmers. |
Intelligent Design Send message Joined: 9 Apr 12 Posts: 3626 Credit: 37,520 RAC: 0 |
"A patriot without religion, in my estimation, is as great a paradox as an honest man without the fear of God" Abigail Adams, 1775 Must not conflict resolve by suggesting that someone should go sit on an ice pick... |
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