High salaries are high
Free markets and trapped minds
According to CNN, there are reports suggesting that Brazilian footballer Kaka is being offered a 726.000,00 USD weekly pay. CNN asks: “Should footballers be paid more than world leaders?” In the comments to the article, some say an amount this high is unfair, obscene, crazy, ridiculous, outrageous. Why, I ask? It's none of that, if you accept the premise, as I do, that participants in the marketplace should be free to trade at any price they want.
What do you base your judgement on? A salary is too high, because others earn less? A salary is too low, because it doesn't cover your basic needs? Then do you think everyone should earn the same amount? Should Kaka be compelled to earn less, so that more poor people can get something for nothing? Are you sure you are living in America, land of the free?
High salaries are simply high. This is simply a fact, and what others think about it should not matter, unless you think that somebody should rule over our salaries. Do you? Do you want the government, or anybody else to legislate salary caps? Based on what rule would you decide what an acceptable salary is? Based on justice? Ok. Then tell me, what is more justified than giving you the freedom to negotiate your salary and granting others the same freedom? What is acceptable to you must not be acceptable to others. Maybe you are willing to work for 1.000,00 USD a month, because nobody really needs more than that to survive, right? Right! Why not forbid salaries higher than 1.000,00 USD then, right? Right! Everybody will continue working as though they could earn more, right? Right, go on deceiving yourself!
The only acceptable rule is your choice, made for none other than yourself.
Why do people pay 0,99 USD for fart apps. Isn't that obscene and unfair? Why don't you give that little money to charity instead? Because you want that fart app!