It’s often assumed that people are paid what they’re worth. - TopicsExpress

It’s often assumed that people are paid what they’re worth. According to this logic, minimum wage workers aren’t worth more than the seven dollars and twenty five cents an hour they now receive. If they were worth more, they’d earn more. Any attempt to force employers to pay them more will only kill jobs. According to this same logic, CEOs of big companies are worth their giant compensation packages, now averaging three hundred times pay of the typical American worker. They must be worth it or they wouldn’t be paid this much. Any attempt to limit their pay is fruitless because their pay will only take some other form. Paid-what-you’re-worth is a dangerous myth.

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