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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: SilentZ who wrote (246696)	8/20/2005 1:56:12 PM
From: tejek	Read Replies (1) \| Respond to of 1571785

>The rich are always overpaid for their services And that's OK... the market determines that. But where we can level the playing field a little bit, we should. A progressive system of taxation is how it's done. Its more than just leveling the playing field. And I am not sure its okay. Any society has X amount of total resources to spend. If a higher percentage of those resources go for salaries, then there is less resources left over for the rest of the needs of the population. For an example, like we previously discussed, if a chancellor of a state university makes a million dollars, there is one million dollars less that could go to schools. That's a direct connection. A less direct connection but a connection nonetheless is when someone like Terrel Owens gets paid a 49 million dollar contract. That salary comes from the total resources available to a society. And many millions of public dollars more are spent to finance the stadiums that Mr. Owens plays in. Did you ever stop to think how much of our resources go to national sports? The numbers are huge! And that's before we pay out the dollars for tickets as individual consumers. Now we say its okay because in a capitalist society, we allow supply and demand to determine salaries. But is it okay? Do we allow people to set priorities that are not in the best interest of society. I enjoy watching sports like anyone else but its my contention we are paying these people, some of whom are real buttholes [see T.O.], way too much money. I would say that that's true of corp. CEOs; of Hollywood movie stars; of chancellors of universities etc. In other words, I am contending that supply and demand is working against the best interests of this society and maybe the whole system needs to be rethunk. Maybe its time to put in caps on salaries. They have become outrageous IMO. ted