Obama's claims about teachers and CEOs gets to a broader puzzle about how a capitalist society assigns rewards. At first glance, it seems that there is no relationship between merit and reward. Athletes and entertainers, who provide services much less indispensable than teachers and doctors, earn vastly more than either of those two professions. Earlier I mentioned the example of the parking lot guy who parks all the cars and makes money for the resort, yet he gets a pittance of that money. From his point of view, there is no relationship between work and reward. He does the work, and "they" get the profits. This is pretty much how workers feel in a variety of occupations. They are the "makers" and their bosses are the "takers." In a truly fair and merit-based society, they should get more and the bosses should get less. These arguments are, whether their proponents recognize it or not, anchored in Karl Marx's notion of "surplus value." Marx is largely discredited today, because Communism proved a failure, and Marx's prophecies proved dead wrong.
( Dinesh D'Souza )
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