August 23, 2005

"Comparable worth" my foot

Slate is running an article indicative of those who don't seem to have any idea how the real world works. We've got a New York writer taking cues from a professor of women's studies concluding that jobs that are determined to be of "comparable worth" by Johnny Q. Public should be provided with equal economic compensation. I've never heard a sillier idea in my life.

There is and should be only one indicator of a given job's salary: what people - particularly your employer - are willing to pay anyone to do that job. This is determined largely by how economically productive that job is, and how hard it is to get people, competent people, to do that job. Being a teacher is hard, essential work, but teaching does not produce wealth. It is supposed to produce well-rounded, responsible, mature human beings, but I think we'd all agree that the worth of people isn't measured in money. Flipping burgers does produce concrete wealth - not much, but something - but anyone can do it, and thus the pay is crap. Being a doctor is essential, important work that is generally regarded as being pretty fulfilling, but as there are precious few people in the country capable of becoming doctors and only a few of them decide to do so, society has to pay them enough to keep them interested. Hauling garbage is something almost anyone could do, but the work kind of sucks, and thus people need to be paid a little more than the sheer economic value of the labor in order to be willing to work. Any other measure for determining salaries is nothing less than the arbitrary imposition of a given person or persons' aesthetic values on the economic system. This is both unbridled arrogance and a recipe for disaster.

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Posted by ryan at August 23, 2005 4:58 PM | TrackBack
Comments

I emphatically agree with absolutely everything you just wrote.

Posted by: Bill at August 23, 2005 9:30 PM

Except - teachers do produce wealth, unless you're somehow distinguishing between "wealth" and "value." We tend to value "well-rounded, responsible, mature human beings," thus, they represent wealth for our society.

Posted by: nick at August 24, 2005 11:16 AM

I am making exactly that distinction. "Well-rounded..." etc. people are more likely to create wealth, and they are valuable to society in other ways than that, but a person, as such, is not wealth unless you want to start buying and selling them. I, for one, frown on such practices. That which is aesthetically and morally appealing does not have an inherent connection with economic realities.

Posted by: ryan at August 24, 2005 11:48 AM

Does somebody who gets paid to entertain create wealth? I think he does. But I may be making up my own definitions.

Posted by: nick at August 24, 2005 2:12 PM

The difficulty of deciding whether teachers are adequately recompensed for their labors would be quickly decided if they were exposed to the forces of the free market via either the voucher system or a wholesale privatization of the educational system. Though considering the quality of the results the American and Canadian public is receiving for their educational tax dollars today, I think we can assume quite confidently that teachers' current level of remuneration *overestimates* their contribution to society.

Posted by: julian at August 24, 2005 5:23 PM

I'd have to agree with you on that one. The sucky thing is, that because monies are so misallocated, good schools can't afford to pay their teachers enough, while bloated, bureaucratized public schools pay people $50k to "administrate".

Posted by: ryan at August 24, 2005 7:38 PM

For "wealth" substitute "revenue".

Posted by: jfb3 at August 25, 2005 1:49 PM

That'd work.

Posted by: ryan at August 25, 2005 2:36 PM
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