Jeff Bezos Is Now Worth Over $150 Billion - Page 13 - Politics and Economics

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Jeff Bezos Is Now Worth Over $150 Billion

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08-05-2018 , 09:52 AM

#301

6ix

Pooh-Bah

Join Date: Aug 2017 Posts: 4,783

Quote:

Originally Posted by kerowo

Or any other skill based occupation...

I assumed the "stupid filthy ludicrous" between "makes" and "money" was implied.

But, which skill based occupations are you thinking of?

08-05-2018 , 12:54 PM

#302

kerowo

lolcat

Join Date: Nov 2005 Posts: 37,190

What are you saying? That in every job except the actual making of money everyone is paid regardless of skill at their job?

08-05-2018 , 01:05 PM

#303

microbet

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Quote:

Originally Posted by kerowo

What are you saying? That in every job except the actual making of money everyone is paid regardless of skill at their job?

He's making a good and valid point and you're either nitting it up or very wrong.

08-05-2018 , 01:09 PM

#304

tomdemaine

Just tries harder

Join Date: Feb 2005 Posts: 20,065

6ix,

You think the guy who invented the chicken nugget got rich off that ****?

08-05-2018 , 01:20 PM

#305

kerowo

lolcat

Join Date: Nov 2005 Posts: 37,190

Quote:

Originally Posted by microbet

He's making a good and valid point and you're either nitting it up or very wrong.

Then he's making it poorly. If he's saying the people who deserve the money rarely end up with the money in capitalism then say it. But proclaiming that there is no point being good at your job because you don't get paid for being good at it is just stupid.

08-05-2018 , 01:43 PM

#306

ecriture d'adulte

Pooh-Bah

Join Date: Jan 2017 Posts: 5,921

Quote:

Originally Posted by kerowo

What are you saying? That in every job except the actual making of money everyone is paid regardless of skill at their job?

Yeah, any “point” was so poorly written it was just wrong/dumb. Most people here think it’s insane not to consider 200k/year rich, so the vast majority of rich people ( engineers, lawyers, doctors) are just skilled labor.

08-05-2018 , 01:49 PM

#307

kerowo

lolcat

Join Date: Nov 2005 Posts: 37,190

Wasn't there a study done showing how relative "rich" is? Regardless what people made they always thought 1.5x or 2x was rich and they weren't there yet.

08-05-2018 , 01:54 PM

#308

microbet

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Quote:

Originally Posted by kerowo

I don't think so. For a lot of people it hardly makes a difference. A lot of the times this is because management is not able to recognize the difference between a good job and a bad job. It was like that at my last programming job. As for myself now, if I half-ass what I think are the most important parts in my job I would make more money.

08-05-2018 , 01:58 PM

#309

microbet

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Quote:

Originally Posted by ecriture d'adulte

It's not at all obvious that there's a positive correlation between relative skill as a doctor and pay.

08-05-2018 , 02:07 PM

#310

CalledDownLight

Toonces the Posting Bot

Join Date: Jan 2007 Posts: 88,413

Quote:

Originally Posted by microbet

It's not at all obvious that there's a positive correlation between relative skill as a doctor and pay.

But there is a positive correlation between intelligence and work ethic and becoming a doctor (no matter how good of a doctor you are).

08-05-2018 , 02:19 PM

#311

microbet

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Quote:

Originally Posted by CalledDownLight

But there is a positive correlation between intelligence and work ethic and becoming a doctor (no matter how good of a doctor you are).

We could bring pinhead administrators into this discussion too. Comparing "skill" across professions is not easy and 6ix didn't mention intelligence or work ethic.

08-05-2018 , 02:26 PM

#312

ecriture d'adulte

Pooh-Bah

Join Date: Jan 2017 Posts: 5,921

Quote:

Originally Posted by kerowo

Wasn't there a study done showing how relative "rich" is? Regardless what people made they always thought 1.5x or 2x was rich and they weren't there yet.

And worse, it’s highly context and audience dependent. A guy making 100k complaining about not being able to afford stuff because of taxes is more sympathetic to conservatives while the same guy complaining about college tuition is more sympathetic to liberals. While an actual poor person is probably thinking how the hell is this guy complaining about not affording anything?

08-05-2018 , 03:26 PM

#313

6ix

Pooh-Bah

Join Date: Aug 2017 Posts: 4,783

Quote:

Originally Posted by tomdemaine

6ix,

You think the guy who invented the chicken nugget got rich off that ****?

Lol I've linked/quoted that multiple times and didn't this time because I didn't want to be the guy who links/quotes things multiple times.

08-05-2018 , 03:29 PM

#314

kerowo

lolcat

Join Date: Nov 2005 Posts: 37,190

Quote:

Originally Posted by microbet

Don't you run your own business? You don't give the good workers better raises than the not-good workers? This is a mighty powerful claim and before it turns into dueling anecdotes it'd be nice if you could show any research backing such a ridiculous position.

08-05-2018 , 03:36 PM

#315

microbet

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Quote:

Originally Posted by kerowo

You people always lose track of the argument and not only is the burden of proof on you here, the burden is to show that skill level is a large, if not the primary, explanation for inequality in compensation.

08-05-2018 , 03:38 PM

#316

6ix

Pooh-Bah

Join Date: Aug 2017 Posts: 4,783

Quote:

Originally Posted by kerowo

What are you saying? That in every job except the actual making of money everyone is paid regardless of skill at their job?

Quote:

Originally Posted by kerowo

If I paid you a bunch to read better would you read better?

08-05-2018 , 03:54 PM

#317

6ix

Pooh-Bah

Join Date: Aug 2017 Posts: 4,783

At least now we're all agreeing that Amazon warehouse workers are the best goddamned warehouse workers under the sun and should be paid much more.

08-05-2018 , 04:27 PM

#318

David Sklansky

Administrator

Join Date: Aug 2002 Posts: 17,096

Quote:

Originally Posted by microbet

It's not at all obvious that there's a positive correlation between relative skill as a doctor and pay.

With the exception of highly skilled surgeons who do difficult operations and a few other similar specialties I am quite sure the correlation is inverse. The same is true for most other professions including politics.

08-05-2018 , 04:44 PM

#319

David Sklansky

Administrator

Join Date: Aug 2002 Posts: 17,096

Quote:

Originally Posted by 6ix

Like, the laptop I'm typing this on is a miracle of modern technology and the people who created it should be worshiped as gods.

And almost every one of them did what they did mainly for the pride of doing a job well as you alluded to. But it is a little harder to be motivated by pride when you are simply the best plumber in town rather than changing the world.

08-05-2018 , 05:18 PM

#320

microbet

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Quote:

Originally Posted by David Sklansky

The sentiment is not wrong, but plumbing is a bad example. Plumbing may not be the top .1% in jobs people take pride in, but it's top 10% easy.

Atomized factory or warehouse worker comes to mind, but useless or worse than useless administrative or management jobs are the real pride killers.

08-05-2018 , 05:24 PM

#321

ecriture d'adulte

Pooh-Bah

Join Date: Jan 2017 Posts: 5,921

Quote:

Originally Posted by David Sklansky

And almost every one of them did what they did mainly for the pride of doing a job well as you alluded to.

lol. 95 %+ of engineers making or designing laptops would snap take some corporate BS job with a fancy title and 3x the money.

08-05-2018 , 05:37 PM

#322

microbet

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Quote:

Originally Posted by ecriture d'adulte

lol. 95 %+ of engineers making or designing laptops would snap take some corporate BS job with a fancy title and 3x the money.

That in absolutely no way contradicts what DS said.

08-05-2018 , 06:47 PM

#323

kerowo

lolcat

Join Date: Nov 2005 Posts: 37,190

Quote:

Originally Posted by microbet

Wat? Ridiculous claims need the proof. Saying that NO ONE is paid for being good at what they do is ridiculous. If you aren't hiring based on skill what are you hiring on?

08-05-2018 , 06:48 PM

#324

kerowo

lolcat

Join Date: Nov 2005 Posts: 37,190

Quote:

Originally Posted by 6ix

If I paid you a bunch to read better would you read better?

No, but if you wanted people who read the best would you pay them more than people who didn't read so good?

08-05-2018 , 08:00 PM

#325

microbet

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Jeez Kerowo....you are trolling or can't read. It started out with 6ix's slightly cryptic (as usual) but quite understandable position that skill does not correlate strongly with pay. You bring the conversation to demanding proof that there is no positive correlation between skill and pay and then you bizarrely now want proof that the relationship between skill and pay is inverse in every single instance ever.

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