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comment by wasoxygen
wasoxygen  ·  3810 days ago  ·  link  ·    ·  parent  ·  post: John Quiggin: Wall Street Isn’t Worth It

    In any normal social system you care to examine, the gap between the poorest employee and the richest is about a factor of 20.

Do you make this assertion with evidence or without evidence?

    This includes the Roman Empire,
Wikipedia says "At the time of Augustus, as many as 35 percent of the people in Italy were slaves..."

Not much point looking up a 1040 for Augustus when a third of the populace received no salary.

    the Catholic Church,
This is hard to evaluate. The first hit I found searching for "salaries in the catholic church" gives an average minister pay of about $35,000. Presumably the minimum would be significantly lower, especially if you count remote parish priests working for next to nothing.

The first hit for "salary of pope" claims an income of $200,000,000 per year for Benedict XVI. The second hit says the amount is $0. Hard to find a 1:20 ratio here either.

    collegiate academia
This is also hard to judge, but might be close to 1:20 if you exclude athletics and use the median instead of minimum on the low side. Here's a scandal about a professor making $700,096 a year. Another article shows Yale's president making over a million (a fairer comparison than the far better-paid football coach, given your mention of the U.S. president). A Harvard professor makes $1.19 million.

How do you figure out the minimum? An adjunct professor in Vermont earned $24,000 one year. The median salary of an English language instructor was $34,712 in 2005.

    and the military.
Here the ratio is closer to 1:10, but seems a stretch to describe it as a "normal social system" when it is more like a single organization.




kleinbl00  ·  3810 days ago  ·  link  ·  

    Do you make this assertion with evidence or without evidence?

Not my assertion. Paul Gilding's. Start on Page 234. He's quoting Herman daly.

Thanks for going the extra mile to be accusatory about it.

wasoxygen  ·  3810 days ago  ·  link  ·  

    Not my assertion.

Noted. Does Paul Gilding provide evidence for his claims? Amazon shows one in the first line: "The earth is full." To wit, "our human society and economy is now so large we have passed the limits of our planet's capacity to support us..." and there is "no room left" for the billions of desperate people in appalling poverty.

And yet, the UN tells us that "The target of reducing extreme poverty rates by half was met five years ahead of the 2015 deadline."

    Thanks for going the extra mile to be accusatory about it.

I acknowledge my frustration with the thoughtful web. I have as yet been unsuccessful in sparking any debate based on facts rather than slogans. I thought this video a good place to start. I am willing to read a book, but need to be able to get past the first page, or even the title, without slapping my forehead.

Sorry for being annoying.