I had a problem with my kitchen sink, and had to call a plumber. A very nice dude came, he used an electric snake and resolved the issue within 15 minutes, and charged me 500 (will not list the currency, but giving you the numbers for comparison sake), the young man talked about how houses always need maintenance, and that he is having his house built.
A couple days earlier i had to visit a doctor, a specialist, for a routine check, i paid 300. A couple visits to the vet, also this week, paid 400 and 300.
A prostitute charge 250-500 for a 30 minute visit… And the average employee earns 20-30 per hour!
Now let me rephrase what i have said:
A doctor, who studied at least 10 years, and who had years of practice, can charge 10-15 times what the average employee earns. It sound a bit too much, but ok i guess.
A plumber, who usually require little skill to begin with, with tasks that are far from being complex, gets to charge 5-20 times what the average employee earns per hour! There must be something wrong here!
A prostitute, with absolutely no skills at all, earns 10 to 20 times what the average employee earns! How is this possible.
Ideals and society When It comes to Work.
I gave you some every day examples, i am not talking about investors, bankers or rocket scientists. i gave you just few professions that are present in every community, and how they compare to the average worker.
Examining societal attitudes towards certain professions, such as plumbers and prostitutes, despite their significant earnings, often face social stigma. Society tends to look down upon these occupations, even though their financial returns are substantial.
Reality when it comes to life and work balance.
Contrary to the conventional view of success tied to corporate jobs, the aforementioned seemingly overlooked professions, provide their practitioners with a unique freedom. Professionals like plumbers, electricians and prostitutes, enjoy the flexibility to take vacations and lead a more liberated lifestyle, unburdened by financial constraints. While society may consider these professions less prestigious, they offer a work-life balance that eludes many corporate employees.
The current work environment for the average employee is marked by long hours, minimal flexibility, and the struggle to cover daily expenses. This situation is often likened to a modern form of slavery.
The imbalance in supply and demand plays a significant role in this big difference in rates. If society can overcome its biases against these professions, more individuals may be drawn to them, thereby increasing supply and potentially reducing the disproportionately high rates compared to average employee earnings.
Furthermore, advancements in technology, particularly AI, are reshaping the landscape of certain professions, including medicine. The advent of AI may lower barriers to entry, challenging traditional views on educational requirements and potentially reshaping the dynamics of professions like medicine.