Between two EQUALLY capable parties. A single employer in a one-horse-town might find it prudent to pay all his workers bellow minimum wage - if only there were none of those pesky government regulations. One equalizes his or her demands for a higher wage with employers offer (beyond the legal minimum) through accumulation of skills, experience and education.
On my part, I would equalize my 1$ offer through the use of blunt objects, automatic weaponry and aggressive negotiating. With no higher regulating body, I am certain we would almost always reach a favorable agreement. Mostly favorable to me, but hey... such is the free economy.
Agreement is not the basis of forming a salary. State laws, regulations, education and skills are. If you go by "willing to pay" then I would be more than willing to pay 1 dollar for any luxury item out there. Cars, houses, planes, 24-carat gold nail clippers... In fact, I'd insist!
That is why there is a concept of "minimum wage" - you can't be paid less than that by law. Also, there is "price regulation" - you can't dump your product for free in order to kill the competition. If all pay regulation was dependent on the "agreement" - employer could kick you out and and get a trained monkey to do your job if he wanted to. And I'm talking ANY job. Monkeys can be doctors, dentists and pilots (not just coders) too. Not very good ones, but sure they would be cheap.
If we've agreed that you will pay me $6.00/hour for my work, and through an accounting error you pay me $6.02, then I've been overpaid. Arnold agreed to the wages he was paid, through a mutually beneficial agreement, so he was not overpaid.
You can be over- and underpaid based both on quality and quantity of your work. Someone doing engineering work for $6 an hour has probably deserved those $0.02 extra through his work - either for its quality or quantity.
On the other hand, Arnold's acting has improved between T1 and T2 but not enough to warrant such an increase in pay. But between T2 and T3 it decreased if anything (robot got old). You might argue that a part of his acting quality is his fame - which works until you see that $177 million figure. The costs for the entire movie were $200 million. Almost 90% of the cost of making the movie went to him.
That is like paying the pilot of a 747 90% of the costs to design and make the airplane - for 1 flight.
It's not overpaid because the employer and employee agreed upon a set salary. It doesn't matter if it is $10 or $10 million.
By that same logic one can't be underpaid either. Those kids making Nikes for penny an hour? Fuck 'em! They accepted the "set salary".
but I'd be willing to bet they work 100x harder than you imagine.
And I'd be willing to bet that Arnold was working the same or less (hard) on the third movie as he did on the first. And even if he did work 100x harder - $177 million he got for the third movie is about 2300 times more than what he got for the first.
So... he was still overpaid. About 23 times more.
BTW... at the same time, those "stars" are being treated like royalty. Aside from giving them prima nocte - they have all other benefits. Laws of the land are laxer on them, they are being praised and bowed to - and in Arnold's and Reagan's case they even get elected as officials WITHOUT ANY REAL POLITICAL EXPERIENCE.
Acting may be a "work" up to a point. Being a star is not.
Actors: Arnold Schwarzenegger's salary for The Terminator: $75,000 Arnold Schwarzenegger's salary for The Terminator 2: $15,000,000 Arnold Schwarzenegger's salary for The Terminator 3: $30,000,000 + 20% of the profits (about 117 million).
Arnold Schwarzenegger's salary as governor: $206,500 - which he waived cause he already earned over 230 mil. (that is without these 117 T3-millions) over his 30 years in the movies. Indicating that he himself felt that he was being overpaid already.
Same guy, same role, 400 times the original pay. Sure, sequels made a lot more money but still - $147,000,000 for a year's work? That is almost $17000 per hour - including being paid for sleeping, eating etc.
Singers: Britney Spears makes about $737,000 per month. That comes out to about $1024 per hour. (Is that a kilobuck or megabuck?) Again - getting paid for sleeping.
HOW is that not overpaid?
And let us not even start with football, baseball, soccer and other enthusiasts who are little more than overpaid manual labor. Getting millions for kicking a ball around? Fuck that! That is not work. That is why you never hear about a "job" or "work" or "assignment" of basketball. What were the words they use? Aaah.. yes! They PLAY a GAME.
The only group of professional actors/entertainers (IMHO) who are not being overpaid (and are actually underpaid) are porn actors and actresses. Anyone who does not agree - you try "performing" in front of cameras for hours and then upload that online for all to see.
"Edoc repus sith edoced nac yeht fi rednow" "I thought I had it but I lost the track at the third word. Sith... sith... maybe it has something to do with Jedi?"
Z Y X W V U T S R Q P O N M L K J I H G F E D C B A WOOSH!
...people who could be making more flipping burgers.
So as to, when their vision of patriotism seizes to match with the government approved version - they will have absolutely NOTHING to stop them selling government secrets to... say... Albanians. Hey! It's not like the government was going to pay for their house, car and TV payments or put their kids through college.
Have you considered applying for a job at your local government's intelligence agency? From your keen understanding of codes and cyphers, seems like you may be just the kind of expert they are looking for.
Avatar is supposed to be taking place on an alien planet. With a very detailed alien scenery and ecosystem. You know... stuff you DON'T regularly see around walking the streets. Plus some other things you don't get to see every day around you - like future battles, starships and stuff like that.
Think of it this way. Imagine that there were no Jurassic Park movies and that Avatar is the beginning of the dinosaur craze. (The sequels, the "documentaries", the Velociraptor Awareness Day...) Only it's all in hyper-realistic 3D.
But yes. It is hype. Only, some of it may actually turn out to be true. You know... Sweet 3D effects turning out to be sweet 3D effects.
Plus, are you going to be the one who will explain to all the crying little kids in English speaking world that their mommy and daddy are just fine, that they don't have the "Perens flu" and that they are not going to die?
And if you thought that was annoying - wait until you watch it in a movie theater. Your eyes will just LOVE those short flashes of extra bright white light.
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Between two EQUALLY capable parties.
A single employer in a one-horse-town might find it prudent to pay all his workers bellow minimum wage - if only there were none of those pesky government regulations.
One equalizes his or her demands for a higher wage with employers offer (beyond the legal minimum) through accumulation of skills, experience and education.
On my part, I would equalize my 1$ offer through the use of blunt objects, automatic weaponry and aggressive negotiating.
With no higher regulating body, I am certain we would almost always reach a favorable agreement. Mostly favorable to me, but hey... such is the free economy.
Agreement is not the basis of forming a salary. State laws, regulations, education and skills are.
If you go by "willing to pay" then I would be more than willing to pay 1 dollar for any luxury item out there. Cars, houses, planes, 24-carat gold nail clippers...
In fact, I'd insist!
That is why there is a concept of "minimum wage" - you can't be paid less than that by law. Also, there is "price regulation" - you can't dump your product for free in order to kill the competition.
If all pay regulation was dependent on the "agreement" - employer could kick you out and and get a trained monkey to do your job if he wanted to.
And I'm talking ANY job. Monkeys can be doctors, dentists and pilots (not just coders) too. Not very good ones, but sure they would be cheap.
If we've agreed that you will pay me $6.00/hour for my work, and through an accounting error you pay me $6.02, then I've been overpaid. Arnold agreed to the wages he was paid, through a mutually beneficial agreement, so he was not overpaid.
You can be over- and underpaid based both on quality and quantity of your work.
Someone doing engineering work for $6 an hour has probably deserved those $0.02 extra through his work - either for its quality or quantity.
On the other hand, Arnold's acting has improved between T1 and T2 but not enough to warrant such an increase in pay.
But between T2 and T3 it decreased if anything (robot got old).
You might argue that a part of his acting quality is his fame - which works until you see that $177 million figure.
The costs for the entire movie were $200 million. Almost 90% of the cost of making the movie went to him.
That is like paying the pilot of a 747 90% of the costs to design and make the airplane - for 1 flight.
It's not overpaid because the employer and employee agreed upon a set salary. It doesn't matter if it is $10 or $10 million.
By that same logic one can't be underpaid either. Those kids making Nikes for penny an hour? Fuck 'em! They accepted the "set salary".
but I'd be willing to bet they work 100x harder than you imagine.
And I'd be willing to bet that Arnold was working the same or less (hard) on the third movie as he did on the first.
And even if he did work 100x harder - $177 million he got for the third movie is about 2300 times more than what he got for the first.
So... he was still overpaid. About 23 times more.
BTW... at the same time, those "stars" are being treated like royalty.
Aside from giving them prima nocte - they have all other benefits.
Laws of the land are laxer on them, they are being praised and bowed to - and in Arnold's and Reagan's case they even get elected as officials WITHOUT ANY REAL POLITICAL EXPERIENCE.
Acting may be a "work" up to a point. Being a star is not.
Actors:
Arnold Schwarzenegger's salary for The Terminator: $75,000
Arnold Schwarzenegger's salary for The Terminator 2: $15,000,000
Arnold Schwarzenegger's salary for The Terminator 3: $30,000,000 + 20% of the profits (about 117 million).
Arnold Schwarzenegger's salary as governor: $206,500 - which he waived cause he already earned over 230 mil. (that is without these 117 T3-millions) over his 30 years in the movies.
Indicating that he himself felt that he was being overpaid already.
Same guy, same role, 400 times the original pay.
Sure, sequels made a lot more money but still - $147,000,000 for a year's work? That is almost $17000 per hour - including being paid for sleeping, eating etc.
Singers:
Britney Spears makes about $737,000 per month. That comes out to about $1024 per hour. (Is that a kilobuck or megabuck?)
Again - getting paid for sleeping.
HOW is that not overpaid?
And let us not even start with football, baseball, soccer and other enthusiasts who are little more than overpaid manual labor.
Getting millions for kicking a ball around? Fuck that! That is not work.
That is why you never hear about a "job" or "work" or "assignment" of basketball.
What were the words they use? Aaah.. yes!
They PLAY a GAME.
The only group of professional actors/entertainers (IMHO) who are not being overpaid (and are actually underpaid) are porn actors and actresses.
Anyone who does not agree - you try "performing" in front of cameras for hours and then upload that online for all to see.
How exactly can one be OVERpaid for doing actual work.
Singers and movie stars get overpaid - the ones that earn millions for dicking around.
But being overpaid for doing an actual JOB?
If on lee eye gh-awe a dam.
"Edoc repus sith edoced nac yeht fi rednow"
"I thought I had it but I lost the track at the third word. Sith... sith... maybe it has something to do with Jedi?"
Z Y X W V U T S R Q P O N M L K J I H G F E D C B A WOOSH!
Based on your comment above you might find these texts informative and useful in the future.
http://en.wikipedia.org/wiki/Mensa_International#Membership
the minimum accepted score on the Stanford-Binet is 132, while for the Cattell it is 148.
...you don't realize that if it was syphilis, gonorrhea or even AIDS - that there would be MANY more red flags.
Most of the map would probably be red.
Surely you mean global economic crisis?
...people who could be making more flipping burgers.
So as to, when their vision of patriotism seizes to match with the government approved version - they will have absolutely NOTHING to stop them selling government secrets to... say... Albanians.
Hey! It's not like the government was going to pay for their house, car and TV payments or put their kids through college.
You may be onto something.
Have you considered applying for a job at your local government's intelligence agency?
From your keen understanding of codes and cyphers, seems like you may be just the kind of expert they are looking for.
I thought I had it but I lost the track at the third word.
Sith... sith... maybe it has something to do with Jedi?
You are wrong. - Not THAT avatar.
But, yes they are. - There really is a trilogy in the making based on the Avatar: The Last Airbender cartoon.
And, yes they did. - There is a partially live action Sponge Bob movie out there. And David Hasselhoff was f-in great in it.
For Shamalamadingdong will soon be making it into a live action trilogy.
Personally, I prefer something new from Cameron then a retelling of a story already told by a guy who has a unhealthy attachment to twist endings.
Avatar is supposed to be taking place on an alien planet.
With a very detailed alien scenery and ecosystem. You know... stuff you DON'T regularly see around walking the streets.
Plus some other things you don't get to see every day around you - like future battles, starships and stuff like that.
Think of it this way.
Imagine that there were no Jurassic Park movies and that Avatar is the beginning of the dinosaur craze. (The sequels, the "documentaries", the Velociraptor Awareness Day...)
Only it's all in hyper-realistic 3D.
But yes. It is hype. Only, some of it may actually turn out to be true.
You know... Sweet 3D effects turning out to be sweet 3D effects.
Look! It's a sailboat.
Further more, I suggest we submit that for further discussion in an article of its own.
Plus, are you going to be the one who will explain to all the crying little kids in English speaking world that their mommy and daddy are just fine, that they don't have the "Perens flu" and that they are not going to die?
Does THAT seem fair to YOU?
There will also be lens flares. Lots and lots of lens flares.
On the bridge, in dark bars or in closed shuttles with dimmed light source.
And if you thought that was annoying - wait until you watch it in a movie theater.
Your eyes will just LOVE those short flashes of extra bright white light.
...What stem cells do? Replicate.
...the economic crisis is no longer.
Right?
A whiteboard is far cheaper, reusable, works without electricity and over time its carbon footprint verges on and over negative.
You have to offset those black humvees somehow...
"Finding conclusive evidence, however, is a difficult matter when the crime scene is 65 million years old".
Two words - Horatio Caine.
Jesus sure did.