Sunday, March 04, 2007

Making TOO Much Money

Okay, a rant. I'm sorry.


What is it about the entertainment business? There seems to be this prevailing attitude (that speaks pretty close to communism, frankly), that there's only so much money a person should make.

Do you here people saying that Bill Gates should cut his income? That it's wrong for Donald Trump to be so rich?


But you hear it all the time about baseball players, authors, actors, actresses, musicians ...

What in the world is that all about???

People deserve what they earn. If millions of people are entertained by your work, then you should be paid for the entertainment they receive. Period. There is no cap. We are a capitalist society.

Yay, Ayn Rand!

8 bonus scribbles:

StarvingWriteNow 3/04/2007 04:12:00 PM  

I think what gets me about athletes making loads of money is that their huge salaries (among other things) inflate ticket prices--which makes enjoying national pastimes a hardship for the average person. And I sincerely wonder why an actor's job is considered so much more valuable moneywise than say, a teacher or a doctor.

Avery 3/04/2007 04:13:00 PM  

I'm kind of on the fence about this. Teachers, law enforcement, even blue collar workers do much more important jobs than artists. I'm not saying we're useless, we do serve as an outlet for those seeking one. But, we're not rocket scientists, either.

While I do believe that our priorities in this country are skewed and that some professions rake in more money than is really warranted, I also believe that those currently holding large salaries shouldn't 'give up' part of it in an attempt to strike a balance. That's more of a knee-jerk reaction than an effort to fix a problem inherent within the system. It would serve no purpose and change nothing.

We, as a society, need to realize that while stars and athletes are viable parts of our culture, they're not royalty and they're not gods. Once we do that, the shift in paying more to those who deserve larger salaries (because of the assumed daily risks and/or commitment to serve others on a greater social scale) -- would then come more naturally.

spyscribbler 3/04/2007 06:23:00 PM  

I hear what you say, starvingwritenow. I'm not convinced it's the baseball players who are driving the prices up. They were merely demanding their fair cut of the ticket profits. After all, they're the ones bringing the money into the stadium.

I understand, Avery. Stars and athletes are not royalty. But if you decide to sell a pen for ten dollars (profit of $4), and ten million people buy it in a year, should you refuse to accept all four million dollars because your job is less important than a teacher's job?

Entertainers, including athletes, are delivering a product. Why shouldn't they have a right to their profit?

Ideally, people would be paid on a scale of how important their job is.

But who decides what's more important than what? And what happens to big and small business if we take away the free market?

David J. Montgomery 3/04/2007 08:38:00 PM  

I find it strange that so many people think it's their business what other people make.

The reason folks get upset about artists, athletes or anyone else making a lot of money is very simple: jealousy.

spyscribbler 3/04/2007 10:02:00 PM  

I think that's it, sometimes. But then why don't people walk around saying that about the CEOs or the Bill Gates and the Donald Trumps? They see them as having made their money.

I don't know what it is. I suspect that since they're having fun watching the product, the entertainer is relaxing, too. And should be grateful they get to "play" at all, let alone paid.

But I don't know, really!

B.E. Sanderson 3/05/2007 10:12:00 AM  

Oh, I've heard people whining about CEOs being overpaid - Bill Gates, Jack Welch, etc. (I don't know about Trump, but I'd imagine someone somewhere is whining about his wealth, too.)

David's right. It's jealousy.

From my standpoint, seeing people earn all that money makes me want to work harder to get some of that myself. It's doesn't make me hate the person making it.

Therese 3/05/2007 05:58:00 PM  

I for one would be glad to pony up more local tax dollars if those dollars would go directly to teachers, cops, firefighters, social workers, etc.

We do need to pay those people better.

And there are *some* CEOs/execs and a few sports stars who I just cannot see as meriting the salaries they're drawing.

I have socialist tendencies, but believe in the free market as well.

Always the middle of the road for me!

spyscribbler 3/06/2007 02:35:00 PM  

B.E., I have your attitude exactly. Jealousy, to me, is an indication of what I want. That little pang dies the instant I start making my own plan to get where I wish I were. Holding on to jealousy is a useless stressor.

LOL, Therese. I agree with you that there are many people whose work is so priceless, that they will never be paid enough. It doesn't mean we shouldn't try, though!