Confessions of a researchaholic

March 27, 2016

Equality versus fairness

Filed under: Real — liyiwei @ 11:05 am
Tags: , , ,

A CEO gets paid 100 times the average employee salary. It is definitely not equal. But is it fair? The answer depends on whether the CEO has contributed 100 times than the average employees.

It is not always easy to tell fairness from equality, but it is important not to confuse the two.

Fairness should be maintained, but it is unfair and counter-productive to enforce equality.

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