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>Salaries reflect the ability to capture value, not need or value to the society. There are plenty of highly-paid jobs with effectively zero or even negative ne
by thereisnospork 3y ago
>Salaries reflect the ability to capture value, not need or value to the society. There are plenty of highly-paid jobs with effectively zero or even negative net contribution to the society.
Politely, society disagrees with your views on what contributes (see: the high salaries).
- jltsiren 3y agoThere are positive-sum, zero-sum, and negative-sum games. Some people (such as scammers) make the society unambigously worse, but they often still get paid for doing their job. Then there is the question of externalities. People working in fields with positive externalities tend to be underpaid, if there are no sufficient mechanisms that allow their employers to capture the value they create. Similarly, people working in fields with negative externalities tend to be overpaid.