Santosh Desai asks an interesting question —
On what basis do we get paid for the work we do? What determines the monetary worth that our toils merit?
Can’t say I quite agree with the answer —
We get paid not for what we do, but for where we are. Salaries are all about location; the closer one is to money, the more of it one makes. Like the arms dealer who makes a few hundred million dollars for putting the right people in touch with each other, the key is proximity to money. Schoolteachers and college professors sit very far from money, so no matter how much their personal ability or how much value they add to our lives, they earn what they do. The market is impatient with distance; it discounts one’s worth, the further one gets from it.
but it’s an interesting read nevertheless…