I'm not a huge fan of "economic equality"...are you?

Question

Because, why should a janitor make the same money as a medical doctor?

Economic inequality suits me just dandy! Some people are worth more than others.

Answer 1

No, I detest economic equality which to me is just Marxism. There can't be any economic equality in a capitalist society, this is theory that the Soviet Union had. It didn't work for them. It all goes back to Social Darwinism, the survival of the fittest. If you work hard and get a good job, you keep your money. The person who doesn't have a good job is because they simply didn't put that much effort in it. Is their fault not society's and we shouldn't pay them for their own failures.

Answer 2

do you know that everyone is not a janitor? You don't understand the whole debate. Income inequality is inevitable for capitalism and we understand that. But there are many unfair business practices and poor ethics that prevent employees from earning what they should. For example, in 2001 Oracle CEO LarryEllison cashed his stocks for 700 million dollars and one would think oracle had a very successful business year. On the contrary, Oracle lost 50 percent of its market value and laid off 10,000 employees. Meanwhile Ellison scores big time. On Wall Street there are countless white collar crimes like business fraud, accounting abuses, stock maniuplation and insider trading that banks investors millions all the while blue collar workers and common americans who work extrememly hard every day at work but still live paycheck to paycheck. White collar crimes, which are so prevalent on wall street, have very dangerous consequences.

Answer 3

Every role plays an integral part in our economy and infrastructure of our economy. It depends if your willing to pay to work by getting a college education for several years or wanting to get paid right away yet working just as hard in the long run for less monies.
Sure pays to go to college looking at it this way. In most cases as long as someone works the same amount of effort is put forth. But the amount of money you make depends on how much your willing to sacrifice early on....as it should be. This keeps us competetive and the front runner of the world.

Answer 4

One of the fundamental strengths of this country used to be the 80% of its population that lived between the lines of wealth and poverty. 20% of that middle class has dropped off the bottom with no sign of a correction in sight. As that 'foundation' of American society continues to shrink, you'll find that more than its economy will be destabilized.

The Romans used to say 'give them bread and give them circus' in reference to maintaining a docile, liable and benign citizenry. We have done much to replicate those tactics in our society. Now, if those comforts and distractions were to further dissipate, the natives would eventually become restless and what you'd be left with would be social unrest and instability reminiscent of many a 3rd world regime in the midst of revolt or upheaval.

The point is that, as Gordon Gecko said, greed is good. It motivates a lot of us and it stimulates our economy. However, excessive greed can be dangerous as its the equivalent of choking the golden goose. Ultimately, social, political and economic conditions are interdependent and a continuous chant of 'the world needs ditch diggers too' cannot be without repercussion at some point.

Answer 5

If everyone was paid the same money would be absolutely worthless.

A doctor couldn't function without a clean ward etc..

There are schemes called "Work banks" (or time banks) run on the basis that I work for you for a hour and you work for me for a hour.

These schemes are run in a lot of poor communities - but with the incredible rise of Information technology (used to run and manage these programs) it makes it very practical that one day this work bank scheme could be rolled out on a national level.

There are incredible practical advantages to this system for everyone.

*There will always be self important greedy dickheads mind.. and these will have to be lined up against a wall and shot..

Win Win.

*(kidding)

Answer 6

Face it ,people are not born equal.
What a boring ,stagnant world it would be,if we were all exactly alike in our talents and abilities.
Not to mention ,our ambitions,it's ambitions which carry us up the money ladder.
Those who can match ambition,talent and ability together raise to the top.
Those with little of any of the 3,sit on their buttes and complain that life ain't fair,their government check should be bigger and they should be able to eat steak everyday.

Answer 7

I don't. I use to work in this place that my Assistant would constantly harrass me. I make twice as much and they hate me for it. I ask them if they want my help getting a license and they all say they are too lazy. I don't get mad at those who make twice as much as I do, because they worked hard and went ot med school. I do take the point of the CEO to heart.

Answer 8

Free Market Capitalism means is I work hard, then I should be rewarded for it...and not at the same rate as someone not as accomplished.

Only Lib Socialists are interested in wealth redistribution.

Answer 9

Exactly! People are jealous of those who are rich, The rich are educated, and seek profit for their better living. I am not rich, but I respect those who are. They earned their right to be successful financially. The rich create jobs for the middle-class and the poor. America and other nations must realize that other poor people, nor even the middle-class can give them a job to support their families. Come on people, wise up!

Answer 10

No, I am a fan of the free market. If a person made the decision to learn marketable job skills, they should get a better wage than those who did not.