Tuesday, July 23, 2019

Do Athlethes and Actors Get Paid to Much Assignment

Do Athlethes and Actors Get Paid to Much - Assignment Example , it is a belief that in a typical society where traditionally the amount of money payable in salaries and related earnings is determined against the value of one’s work to the society, the pay packages of athletes and actors go against the grain. It is a common economic practice in the modern society that in determining the pay commensurate to someone’s work, it is to be determined by the economic significance of their work, and value added to the society by that particular job. For instance, the teaching profession is among one of the most economically significant profession since the future of any economy is dependent on the education acquired by its young generation. In spite of this fact, teachers are paid peanuts when compared to established athletes such as Usain Bolt (Quirk, Rodney and Pay108). In addition, there is the opinion that athletes and actors do not encounter hardships and life-endangering situations in their work. However, this cannot be said of occupations such as those of policemen, medical practitioners and fire brigades who save lives of other people even risking their lives in the process. What of the gallant police officers and military personnel who even abandon their loved families for the service of protecting and defending their nations with some paying the ultimate price in the process? They all earn just a little fraction of these athletes and actors. In fact even the number one patriot in America, President Obama’s pay cannot stand what these A-class athletes and actors take home in spite of the fact that he handles and makes critical policy decisions that directly affect the entire world each day he is in office (Hanold 89). The group that hold this view reiterate that if athletes and actors are to be paid these huge pay packages, then they should at least give back some of it to the society. They can do this through charity organizations as a show of goodwill since the same people make their payday. In addition, they should

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