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Old 04-04-2011, 07:26 PM   #33
Friend_Joe

Join Date
Oct 2005
Posts
505
Senior Member
Default
That's not what I'm saying at all. The compensation I earn for my work isn't determined by society. It's determined by the people that I do work for. If they value my work more they pay me more.

Let's take that one step farther; the money I make is only partly determined by the compensation I get for working. I also make money based on decisions I have made regarding what I do with the money I earn. If I have extra money from compensation for my labor I tend to invest it. That is I provide that money to other people as capital so that they can try out some of their ideas on how to create value for other people. I expect a return on that money and, If I make good decisions on how viable their ideas are they can then afford to pay me a premium for the use of my money. Essentially, I can build personal wealth by helping other people explore their potential to make wealth for themselves.
But would you agree that effort and compensation are in perfect symmetry. Is there not jobs there that if not done would cause great affliction on society. Lets look at a fireman, the best fireman could save a 100 lives in a year and he receives no extra pay while a CEO can get a bonus while still making bad decisions each year.

Our system is not fair, it tries to be but it ends up being unequal.

So we have to look at the whole picture... there is individuals who do take more without ever considering putting back. But I would suggest there is people also (through bad circumstances or bad luck) could end up working 3 minimum wage jobs and still not be able to make ends meet. They want health insurance but society has dictate through finance that they will not get what is a necessity of life.
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