Gig recommencement

Bombay Sapphire.

I think the whole way our societcy functions could do with a rethink.

In the situation the world finds its self in at the moment. The current system, where the vast majority of the wealth is funnelled to the top, has exposed just how many people are really struggling financially. While others are still and will continue to be paid ridiculous sums Of money.

Seeing all the queues of people desperate for benefits lined up in the UK and US was quite depressing.

I'd choose capitalism over socialism any day but human greed needs to be kept in check.

At the moment, as a society, we are doing a fucking shit job at it.

Nah, i can't see much changing.

Regarding wealth, I dont think it needs to be distributed evenly.

Some peole deserve more than others, be it through job role, work ethic.... Or whatever.

I just think the gulf between those at the top and those at the bottom should be reduced.

I'm seeing "arguments" like the ones in this thread trotted out a fair bit recently. There are some interesting points, but it's generally fundamentally flawed and just shows that people haven't really thought through the numbers, as well as the nature of supply and demand.

Public sector Drs and nurses could probably do with a pay rise (in part because wages have not kept up with inflation over the last decade or two, especially considering house prices, but then again that's true for most public and private sector wages). However, one thing to consider is that there is already a private health market, where what people are willing to pay still only translates in to a relatively low wage for a nurse (though also some world-renowned specialist Drs in the private sector can become incredibly wealthy because a few people will pay a lot for their services).

Those trying to unfavourably contrast such workers' salaries with those of say footballers are indulging in over-simplistic survivorship bias. There are 300,000 professional nurses in the UK (with the majority working for the NHS). Meanwhile, although millions of people play football regularly in the UK, there are only 4,000 that have the ability to be professional. Of these, there are only 500 in the PL with an average salary of £3mil per year. The average salary for the 600 League Two footballers is £50k.

0.45% of the entire UK population is a nurse. There are 220 members of the public for every 1 nurse. By contrast, one PL footballer will serve thousands of paying people inside a stadium, plus an additional millions watching on TV. One individual nurse is simply not capable of reaching as many people.

The same pattern is true for most proclaimed "underpaid" jobs vs "overpaid". A successful DJ is able to individually reach a large audience. Same for actors, YouTubers etc. However, in reality there will only be a small number of each that are large enough to actually get the mega-bucks. By contrast a postman, or school-teacher, or shelf-stacker, will each be physically capable of only serving a limited pool of customers, and the performance and salaries of each individual will be far more uniformly distributed. Plus, a significant percentage of the population will be capable of being, say a nurse or a postman; not just that, but a decent one, they may not be easy jobs, but they are relatively low-skilled. A smaller percentage of people will be capable of being a top-level footballer (or a good doctor, which is why they earn more than nurses).

Final stat to underline the point - nurses in the UK as a whole earn 3x the amount as professional footballers already - £6bn vs £2bn. It's just that, for reasons explained above, the job performance, and that money, is distributed more evenly. 

I hate those cunts with a passion. #redundant

All the while living in a gilded palace on the proceeds with the proletariat worshipping a solid gold idol of yourself outside the front gates.