[ExI] retrainability of plebeians

BillK pharos at gmail.com
Tue Apr 28 08:54:20 UTC 2009

On 4/28/09, Rafal Smigrodzki wrote:
> ### Obviously, if there is low demand for complex work, it will not be
>  highly rewarded. So the premise on which you build the argument is
>  incorrect, in almost the most basic way imaginable, by directly
>  contradicting the law of supply and demand.

No, that's not how the world works.
The level of reward does not equal the 'value' of the work.

(Now you need to get into a complex discussion about how to 'value' the work).

Compare the rewards of different jobs and you will quickly notice
strange anomalies.

High rewards are in the entertainment industry and anything to do with
celebrity. Pop stars, sports stars, hairdressers, chefs, interior
designers, etc.

The other big rewards are for the crooks in the financial industry,
whose reward is as much as they can get away with, without actually
being charged with fraud.

So, if your argument is based on the theoretical law of supply and
demand it fails in the real world that the rest of us live in.
(Or, the corollary, that if it is correct, then the law of supply and
demand produces a very poor quality of world).


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