Robert Reich: Just Imagine If People Were Paid What Their Work Is Really Worth to Society – [alternet.org]
What someone is paid has little or no relationship to what their work is worth to society. Does anyone seriously believe hedge-fund mogul Steven A. Cohen is worth the $2.3 billion he raked in last year, despite being slapped with a $1.8 billion fine after his firm pleaded guilty to insider trading?
On the other hand, what’s the worth to society of social workers who put in long and difficult hours dealing with patients suffering from mental illness or substance abuse? Probably higher than their average pay of $18.14 an hour, which translates into less than $38,000 a year.
How much does society gain from personal-care aides who assist the elderly, convalescents, and persons with disabilities? Likely more than their average pay of $9.67 an hour, or just over $20,000 a year.
About plerudulierPrimarily interested in interacting and engaging with people about issues related to profession but also charity, environment, ... you get the idea.
Blogs I Follow
- Miss Marks Blogs
- Java and Junket
- Teaching History, Technology, and random otherness
- Paul's Project Server and Project Online Blog
- Steve Goodyear
- © Pleasurephoto
- WSantos's Blog
- Pimpf : Drifting somewhere...
- ACTUALITÉS EN CONTINU
- An infinity of hypotheses
- Teri Carter's Library
- Comics have the Power
- Les Bulles de Bourgogne
- Les trouvailles de Georgette
- Urbanisme - Aménagement - Fiscalité
- Le Blog de Nicolas Beretti
- Thierry Borne