4 ms·
I do see your point, but the fall of the Weimar Republic isn’t a great comparison. Ultimately, it still boils down to “I think you should be limited to making
by highwaylights 3y ago
I do see your point, but the fall of the Weimar Republic isn’t a great comparison.
Ultimately, it still boils down to “I think you should be limited to making X for doing job Y, because I don’t believe it should be worth as much as job Z, which is clearly prestigious enough to be worth 2X.”
Market forces are a surprisingly efficient means of separating perceived and actual value for pretty much anything, even with some fairly sizeable warts.
- bell-cot 3y ago> of the Weimar Republic isn't a great... Yes and no. A nation like the UK can afford to pay any one doctor millions of pounds. But that solution scales poorly to a national level. And worse if you try to scale it to all the other sorts of essential workers. And when an extremely large, complex system is wretchedly mismanaged - paying the guys in the trenches 10X does not fix that. For example, many of the UK's public buildings were built with "RAAC", and are at risk of collapse: https://www.theguardian.com/uk-news/2023/sep/04/raac-crisis-who-knew-what-when-crumbling-concrete-england https://www.theguardian.com/uk-news/2023/sep/04/raac-crisis-... Meanwhile - a rather large number of HNer's seem to disagree with you about the virtues of those "efficient market forces" when it comes to health care. Perhaps discuss it with them here? - https://news.ycombinator.com/item?id=37398504 https://news.ycombinator.com/item?id=37398504