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Pay is determined by supply and demand, not by a cabal of fat cat plutocrats agreeing how much to dole out to different positions. The idea that people be paid
by sbmassey 15y ago
Pay is determined by supply and demand, not by a cabal of fat cat plutocrats agreeing how much to dole out to different positions. The idea that people be paid "proportionally to the value they create" is an obsolete Marxist idea. Check out the "Marginal Revolution".