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A Bit Rich, Calculating the real value to society of different professions

A Bit Rich, Calculating the real value to society of different professions

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Published by: Ramesh Pavadépoullé on Jun 08, 2010
Copyright:Attribution Non-commercial

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01/25/2013

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 A Bit Rich:
Calculating the real value to society odierent proessions
 
nef
is an independent think-and-dotank that inspires and demonstratesreal economic well-being.We aim to improve quality o lie bypromoting innovative solutions thatchallenge mainstream thinking oneconomic, environmental and socialissues. We work in partnership andput people and the planet frst.
nef
(the new economics oundation) is a registered charity ounded in 1986 by the leaders o The Other Economic Summit (TOES),which orced issues such as international debt onto the agenda o the G8 summit meetings. It has taken a lead in helping establish newcoalitions and organisations such as the Jubilee 2000 debt campaign; the Ethical Trading Initiative; the UK Social Investment Forum;and new ways to measure social and economic well-being.
 
Contents
Executive summary 2Introduction 7Inequality and high pay in the UK 9Wage-setting: the iron law of wages and the race to the bottom 12The story of six professions 14Conclusions 27 Appendix 1 General note on method 29 Appendix 2 Technical appendices 30Endnotes 36
In this report
nef
calculates the value to society o a number odierent jobs and advocates a undamental rethink o how the valueo work is recognised and rewarded.

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