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Author Topic:   American Budget Cuts
Minnemooseus
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Posts: 3940
From: Duluth, Minnesota, U.S. (West end of Lake Superior)
Joined: 11-11-2001
Member Rating: 10.0


Message 230 of 350 (606705)
02-27-2011 11:21 PM
Reply to: Message 228 by Coyote
02-27-2011 11:02 PM


So, how much can an individual really EARN, in a year or a lifetime?
The productivity of the "rich" is more likely going to relate to their ability to do things for the corporation that the janitor and floor-worker just can't do. And they are paid in relation to that ability.
So, how much can an individual really EARN, in a year or a lifetime?
Certainly, delayed gratification is valid - Sacrifice early on and get paid more later on.
Just for round numbers, I propose that one can EARN an average of $1 million/year over a 50 year working lifetime. That is, $50 million for that working lifetime. Anything above that $50M is windfall profit.
And we have individuals getting paid $100,000,000+ a year. Is it possible to EARN such a thing? I say, NO WAY IN HELL! And to do such is an undesirable distortion of (ideal) capitalist theory.
Moose

This message is a reply to:
 Message 228 by Coyote, posted 02-27-2011 11:02 PM Coyote has replied

Replies to this message:
 Message 232 by Coyote, posted 02-27-2011 11:34 PM Minnemooseus has seen this message but not replied

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