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Stu255's avatar

Wages / salary have nothing to do with how hard you work, they are determined by how many people could do the job.

95% of people could sweep the street

50% of people could deliver the mail

20% of people have professional qualifications

1% of people are doctors

0.000001% of people can win a PGA event, or sell out a stadium concert.

This is kinda how it works.

The main barrier to the higher paid jobs is that you have to invest a huge amount of your time in accumulating valuable skills.

It’s about 10,000 hours of extra study and training to become a professional. That’s 10,000 hours unpaid, doing difficult and thankless stuff.

Nobody does the 10,000 hours if there’s no reward for it. That’s why communism fails every time it’s tried.

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In-Nate Ideas's avatar

From a purely market-based POV, don't you think some of those "virtuous" workers could be considered underpaid because their labor leads to positive externalities? IE teachers, whose labor (in theory) contributes to a better-educated labor force? Or social workers whose efforts to connect drug addicts with treatment and housing make our cities safer and cleaner?

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