2 ms·
>how much you earn is based on how much value you provide This is objectively false, and part of the myth of a meritocracy. You make what you can manage to ma
by throwaway2048 9y ago
>how much you earn is based on how much value you provide
This is objectively false, and part of the myth of a meritocracy.
You make what you can manage to manipulate the system into paying you, nothing more or less. That has precious little to do with value provided many times.
It does a much better job at explaining how a CEO of a company going bankrupt can take home 7 or 8 digit bonuses, while a great teacher at a school might be struggling to make ends meet.
Of course with your explanation we can sit secure in the knowledge that there is nothing wrong with how things work, and there is justice in it, people get what they deserve right?
- seanp2k2 9y agoThis. The richest people made their money by letting their money do the work. How can a person compete with a dollar? The concept of increasing your wealth = delivering value died a long time ago. See also: HFT
- camus2 9y ago> This is objectively false, and part of the myth of a meritocracy. But that's not what meritocracy is about at first place.