• Cleaners 'worth more to society' than bankers - study
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[quote=BBC News]Hospital cleaners are worth more to society than bankers, a study suggests. The research, carried out by think tank the New Economics Foundation, says hospital cleaners create £10 of value for every £1 they are paid. It claims bankers are a drain on the country because of the damage they caused to the global economy. They reportedly destroy £7 of value for every £1 they earn. Meanwhile, senior advertising executives are said to "create stress". The study says they are responsible for campaigns which create dissatisfaction and misery, and encourage over-consumption. And tax accountants damage the country by devising schemes to cut the amount of money available to the government, the research suggests. By contrast, child minders and waste recyclers are also doing jobs that create net wealth to the country. The Foundation has used a new form of job evaluation to calculate the total contribution various jobs make to society, including for the first time the impact on communities and environment. Eilis Lawlor, spokeswoman for the New Economics Foundation, said: "Pay levels often don't reflect the true value that is being created. As a society, we need a pay structure which rewards those jobs that create most societal benefit rather than those that generate profits at the expense of society and the environment". Ledger sheet and pen Tax accountants are said to destroy £47 in value for every £1 generated She said the aim of the research was not to target individuals in highly paid jobs, or suggest people in low paid jobs should earn more. "The point we are making is more fundamental - that there should be a relationship between what we are paid and the value our work generates for society. We've found a way to calculate that," she said. A total of six different jobs were analysed to assess their overall value. These are the study's main findings: * The elite banker "Rather than being wealth creators bankers are being handsomely rewarded for bringing the global financial system to the brink of collapse Paid between £500,000 and £80m a year, leading bankers destroy £7 of value for every pound they generate". * Childcare workers "Both for families and society as a whole, looking after children could not be more important. As well as providing a valuable service for families, they release earnings potential by allowing parents to continue working. For every pound they are paid they generate up to £9.50 worth of benefits to society." * Hospital cleaners "Play a vital role in the workings of healthcare facilities. They not only clean hospitals and maintain hygiene standards but also contribute to wider health outcomes. For every pound paid, over £10 in social value is created." * Advertising executives The industry "encourages high spending and indebtedness. It can create insatiable aspirations, fuelling feelings of dissatisfaction, inadequacy and stress. For a salary of between £50,000 and £12m top advertising executives destroy £11 of value for every pound in value they generate". * Tax accountants "Every pound that a tax accountant saves a client is a pound which otherwise would have gone to HM Revenue. For a salary of between £75,000 and £200,000, tax accountants destroy £47 in value, for every pound they generate." * Waste recycling workers "Do a range of different jobs that relate to processing and preventing waste and promoting recycling. Carbon emissions are significantly reduced. There is also a value in reusing goods. For every pound of value spent on wages, £12 of value is generated for society." The research also makes a variety of policy recommendations to align pay more closely with the value of work. These include establishing a high pay commission, building social and environmental value into prices, and introducing more progressive taxation.[/quote] Source: [url]http://news.bbc.co.uk/1/hi/business/8410489.stm[/url] Ok, somehat sceptical, but I see their point.
[QUOTE=ThePunisher1;18935868]Source: [url]http://news.bbc.co.uk/1/hi/business/8410489.stm[/url] Just goes to show how much the lower classes have to make up for the moronic actions of some high paid bank executives.[/QUOTE] Oh wow, the people these days are dumb.:happyelf:
Don't know about you but I think there's a clear difference in class between 'Advertising executive' and 'waste recycling worker'
And in other finds, nurses do more valuable work than rappers or movie stars.
I'd rather be stranded on an island with a carpenter than a bank executive ;)
[QUOTE=Eax;18935962]I'd rather be stranded on an island with a carpenter than a bank executive ;)[/QUOTE] I'd rather have the bank execs wealthy family putting a shitload of cash to finding us and getting the fuck out of there rather than having the carpenter building me a nice chair to die on.
I thought I'd let you folks know.. this came from a "thinktank". A thinktank is pretty much science with a mild to severe political bias. In the end it's not really science at all, it's pseudoscience. To put it simply, the New Economics Foundation is as much an "economic" thinktank as the Discovery Institute is a "scientific" thinktank. Don't be fooled, looking at the article I really, [i]really[/i] doubt this was subject to any sort of scientific discipline, much less the one we call economics. Read it very carefully and see if you can spot the fallacies.
[QUOTE=evilking1;18935989]I'd rather have the bank execs wealthy family putting a shitload of cash to finding us and getting the fuck out of there rather than having the carpenter building me a nice chair to die on.[/QUOTE] You mean you'd rather have the bank execs wealthy family putting a shitload of cash to finding your corpses.
[QUOTE=evilking1;18935989]I'd rather have the bank execs wealthy family putting a shitload of cash to finding us and getting the fuck out of there rather than having the carpenter building me a nice chair to die on.[/QUOTE] But why the in name of hell would the bank executive's family want to find the guy, WHEN THEY COULD INSTEAD PROCLAIM HIM/HER DEAD AND COLLECT ALL THE MONEY HE/SHE LEFT BEHIND? [/using evilking1 logic]
[QUOTE=Saukkoman;18938088]But why the in name of hell would the bank executive's family want to find the guy, WHEN THEY COULD INSTEAD PROCLAIM HIM/HER DEAD AND COLLECT ALL THE MONEY HE/SHE LEFT BEHIND? [/using evilking1 logic][/QUOTE] because not all rich people are filthy backstabbing greedy animals
[QUOTE=Umi-hebi;18935918]Don't know about you but I think there's a clear difference in class between 'Advertising executive' and 'waste recycling worker'[/QUOTE] One cleans up shit, and the other [I]is [/I]shit.
The data is faux quantatative IMO. It's just qualitative data dressed up.
[QUOTE=Epidemick;18938364]because not all rich people are filthy backstabbing greedy animals[/QUOTE] Yes they are, thats why they are rich! :downs:
[QUOTE=Saukkoman;18938088]But why the in name of hell would the bank executive's family want to find the guy, WHEN THEY COULD INSTEAD PROCLAIM HIM/HER DEAD AND COLLECT ALL THE MONEY HE/SHE LEFT BEHIND? [/using evilking1 logic][/QUOTE] Because you've seen too many movies where the good guy is the champion of the proletariat, while the bad guy is the sinister representative for wealth.
[QUOTE=evilking1;18935989]I'd rather have the bank execs wealthy family putting a shitload of cash to finding us and getting the fuck out of there rather than having the carpenter building me a nice chair to die on.[/QUOTE] Yeah becuase the carpenter totally would build a chair instead of a raft right.
Communist propoganda
I agree.
Hospital cleaners don't get paid enough. In fact, you can't pay someone enough to clean up blood and bile all day.
fight against the evil greedy rich corporate (and apparently athletic) oppressors who exploit the pure-hearted little guys for money I'm going to go buy a Che Guevara T-shirt to rebel against the consumer culture. YYAAAAHHHHH
[QUOTE=madmanmad;18939799]Yeah becuase the carpenter totally would build a chair instead of a raft right.[/QUOTE] Well without tools, building a raft that can withstand the conditions at sea take so much time that I'd like to have the chair at first.
[QUOTE=madmanmad;18939799]Yeah becuase the carpenter totally would build a chair instead of a raft right.[/QUOTE] You have no idea how hard it is to build a raft without tools.
[QUOTE=Saukkoman;18938088]But why the in name of hell would the bank executive's family want to find the guy, WHEN THEY COULD INSTEAD PROCLAIM HIM/HER DEAD AND COLLECT ALL THE MONEY HE/SHE LEFT BEHIND? [/using evilking1 logic][/QUOTE] Yeah the parents who are in their 80s just want the money. Solid gold wheelchair is what all old people need.
Luckily, Engineers always score high on these.
[QUOTE=Libertas;18943093]Luckily, Engineers always score high on these.[/QUOTE] Erectin' a dispenser!
[QUOTE=Canuhearme?;18941644]You have no idea how hard it is to build a raft without tools.[/QUOTE] No harder than it is to build a chair without tools.
If these people had their (overtly idealistic) way, they'd replace us with robots so as to eliminate that pesky "individualism" and "freedom" that plagues mankind. We only live to advance humanity apparently.
In feudal Japan, farmers were considered higher up in the social hierarchy than merchants. This news story doesn't surprise me.
hey destroy 7$ for each 1$ they gain lol:biggrin:
There's always gotta be someone to clean up the waste of the rich people.
[QUOTE=Canuhearme?;18941644]You have no idea how hard it is to build a raft without tools.[/QUOTE] Have you ever watched Lost?
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