Talk of The Villages Florida - View Single Post - Have paydays in sports gotten obnoxious?
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Old 08-29-2022, 06:19 AM
hdanielblank hdanielblank is offline
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Thumbs down It's capitalism - supply and demand

Quote:
Originally Posted by jebartle View Post
Where does it end??? A surgeon saves lives and makes peanuts compared to professional sports.... Our values are "out of whack "
In capitalism, how much you get paid is how much someone is willing to pay you. Period. It has NOTHING to do about intrinsic value to society. Look at what you pay for a yacht as compared to what you pay for water. Which is intrinsically needed more?

The entertainment industry is hugely profitable. Sports is part of that industry. The very best performers, top 1/10 of 1 percent of athletes (or other would-be entertainers) are the only people who demand the very top paydays. If you want remuneration to be consistent with value to society, try socialism. I say, no thank you!