@cicerone imposter,
cicerone imposter wrote:
You fail to understand economics.
A doctor will always earn more than a taxi driver. A professional athlete will probably earn much more than any of their fans. It doesn't matter how much any fan makes (or their average income); it's about supply and demand.
Markets need to be regulated, left on their own markets will do a poor job of asset allocation, so I dont accept your assertion that supply and demand is a law that must be followed.
We can let supply and demand work as long as it works, but when it fails we need to do something else. Capitalism should only be allowed to function so long as it serves social justice, our deciding that humans serve capitalism and must capitulate to the needs of the capitalist system is one of the great mistakes of our age.
So you see CI, I dont misunderstand economics....my values are not your values, that is the difference.