Based on how hard you worked? What if I’m low competence and have to work very hard to be average? Should I get paid more? If I become more competent and figure

Based on how hard you worked? What if I’m low competence and have to work very hard to be average? Should I get paid more? If I become more competent and figure out how to do x with less effort, should I then be paid LESS? Utopian ideas never fit into the complex systems of reality. Europe is so proud of their “legal minimum wage”, while ignoring that in reality, the actual minimum wage is ZERO. That’s what the shocking numbers of unemployed European youth earn. I would suggest that market dynamism is much more important than equality. Currently Europe seems to prioritize the opposite, keeping everything exactly the way it always was, so no one has to change. But if there was more turnover in the market, it would matter much less who’s in the top 1%, because they won’t be there for long. But today the top families in Venice are the exact same families that were at the top 500 years ago.