A bit rich: calculating the real value to society of different professions

A bit rich: calculating the real value to society of different professions
Document type
Report
Author(s)
Lawlor, Eilis; Kersley, Helen; Steed, Susan
Publisher
New Economics Foundation
Date of publication
1 December 2009
Subject(s)
Trends: economic, social and technology trends affecting business
Collection
Business and management
Material type
Reports

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This paper investigates to what extent what we are paid confer 'worth'. Pay matters and how much you earn can determine your lifestyle, where you can afford to live, and your aspirations and status. But, beyond a narrow notion of productivity, what impact does our work have on the rest of society, and do the financial rewards we receive correspond to this? Do those that get more contribute more to society? With controversial bonuses being paid out this Christmas in bailed-out banks, we believe that it is time to ask challenging questions such as these.

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