if i hav an efficient programmer and a try-hard inefficient programmer, shd i be forced to offer same wages?

Question

shd i pay an established economist and a just out of college economist the same? the time of a person of high ability is worth more, surely?

points to consider: force is no good - the force proves that the person is unwilling - where the person is unwilling, force is ineffective - force produces equal opposite reaction - violence

we can leave the whole capitalist system as it is, just cap fortunes to the just maximum earnable, to save democracy, capitalism and the human species, destroy war & crime, establish happiness

payment is to compensate LOSS - loss [time, energy]is equal with good/poor programmer - loss is equal with established/unestablished economist - high ability is worth more, but loss is no greater - paying a person for having a natural gift is money without work, which causes work without money for others - which causes violence, which escalates to extinction - insofar as the high ability is study and training, justice pays for that

[further points no room....

Answer 1

You would pay more for more experience, I would think.

What you propose would work except for two things I can think of off the top of my head:

1) Inflation of the currency due to deficit spending by the government and easy credit.

2) National wealth should gradually increase due to raw material extraction and intellectual capital.

Bottom line, is it's just not possible to "cap" fortunes. The commies tried it and it didn't work for them.

Answer 2

You are ignoring the fact that units of work can be measured. The person who completes more work in the same amount of time should be compensated more, and usually is.
This does not force others to work for no money.

Answer 3

Do yourself and all of us a favour and read "Adam Smith" The Wealth of Nations" then come back with a clear question and answer when you comprehend the subject.

Answer 4

Of course not. You should allocate your pay, based on a simple calculation of return on investments.