03-31-2013, 01:34 AM
Bill in NC wrote:
Ultimately whose definition of "merit" do you accept?
That is an excellent question. Yet, it seems that the assumption most of us operate under most of the time is that if you followed the law and made some money - no matter how much - you merited that income. How do we know the "system" came up with merited amount of income if we can't define the parameters that determine what is merited? Some people are tempted to answer that the "judge" of what compensation is merited is determined by our free market. But that just assumes that the market determines merit. What is the rationale for that position?