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Yes as far as hours. However, plenty of low paid jobs work crazy hours. Further, a number of high stress high responsibility jobs with low pay do. Teachers and education admins in low income school districts for example. NOT a 40 a week job. I was in the field for 6 years. 6-7 day a week job, very hard, very stressful, low pay. Hardest job I ever had, and now I have one that appears more prestigious, pays better, and is less stressful. No real analysis relies on simplisms.
originally posted by: Edumakated
originally posted by: LightSpeedDriver
a reply to: Edumakated
So earning several million dollars a year for doing "a job" is ok? I have no problem with remuneration but 40 hours a week or less for being nothing more than playing the figurehead is nothing less than obscene.
No one who makes a lot of money works 40 hours a week. Most CEOs or any executive... heck almost anyone making six figures works like 60-80 hour weeks. 40 hours a week is for people who want below average pay. First year investment bankers work like 90 - 100 weeks. Same for lawyers at major law firms. ALL THE TIME. Most people complaining couldn't make it two weeks.
Is earning several million a year for playing a sport "ok"? What about several million a year for being an best selling author? How about several million a year for reading a teleprompter on TV? How about several million a year for playing records on the radio? We can play this game all day... why is making several million a year as a CEO egregious but not other fields?
Most of western and northern Europe has a far smaller ratio of CEO to worker pay, better economic mobility, better education outcomes, better standard of living, better access to health care, etc. The myth of American exceptionalism amongst developed countries is pretty much dead.. And, per capita many of these countries are quite wealthy. Educate yourself and stop being a boot licker for the .01%.. It's not a good look on you.
originally posted by: libertytoall
This op doesn't present any kind of problem other than spewing statistics. I for one would rather live in a place where wealth is so abundant you can have a CEO making 475 times the average worker than someplace else where the cap is much lower..