Apple's market capitalisation in 1998 was $6 billion. Then Steve Jobs came back as CEO. Jobs gets most of the credit for Apple's turnaround since that date, which has given it a market capitalisation today of over $300 billion. Jobs has been worth at least $100 billion, and probably over $200 billion, to Apple. Got any examples of schoolteachers demonstrably generating $200 billion in value?
And when Amelio was ruining Apple, he earned almost $1 mill a year in salary, plus benefits and options. People don't get paid what they're worth. They get paid what they can negotiate, which is an arbitrary opinion of a handful of well placed people.
<irony>Schoolteachers who teach people like Steve Jobs to be people like Steve Jobs?</irony>
OK, that was more funny (to me) than it was actually a good point. I think actually good teaching would make value for the country in general, but I couldn't put a figure on how much -- almost certainly not that much for all sorts of reasons.
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OK, that was more funny (to me) than it was actually a good point. I think actually good teaching would make value for the country in general, but I couldn't put a figure on how much -- almost certainly not that much for all sorts of reasons.
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I don't think it's too late to do that in fact.