[ExI] retrainability of plebeians

[Rafal Smigrodzki]

On Tue, Apr 28, 2009 at 4:54 AM, BillK <pharos at gmail.com> wrote:

>
> 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).
>
### Acceptance of certain basic economic knowledge is indispensable
for any discussion of economics. Since you seem to be playfully
rejecting the basics, I see no reason to continue.

Rafal