I am neither an 'avowed socialist' nor do I approve of the expenditure on salaries that has ignited some fresh debate in this thread.
However, I am an admirer of John Rawls, and his ideas have some relevance here.
Rawls (1921-2002), was a quiet, American university professor who wrote a book that changed the way people thought about fairness. It was called A Theory Of Justice and was the result of nearly 20 years of hard thinking. Unlike most books of this kind, though, it became a bestseller, and has been read by many lawyers, politicians and, of course, philosophers. So what made this book so popular?
At the heart of Rawls’s theory was the idea that we need to think clearly about how we live together and the ways in which the government influences our lives. For our existence to be bearable, we need to co-operate. But how?
Rawls’s stroke of genius was to come up with a thought experiment – he called it The Original Position – that makes allowances for the tendency of human beings to be selfish. His central idea is very simple: design a better society, but do it without knowing in advance what position in society you will eventually occupy. You don’t know whether you will be rich, poor, have a disability, be good looking, male, female, intelligent, unintelligent, talented or unskilled, homosexual, bisexual, heterosexual or transgender. Rawls thought that you would collectively choose fairer rules in this situation because none of you would know what kind of person you might be and where you might end up.
Rawls controversially also believed that being a gifted athlete or a highly intelligent person did not automatically mean that you should get more money. This was because he thought that things like sporting ability and intelligence were a matter of luck. You don’t deserve more just because you are a fast runner or a great ball player, or if you are very bright. Being athletically talented or intelligent are gifts you mainly get from your genes.
Rawls also thought that wealth should be distributed more equally and more opportunities made available to the most disadvantaged. So if people receive different amounts of money, this is only allowed if it directly helps the worst off people in some way. A banker could only get 10,000 times more than the lowest-paid worker if the lowest-paid worker somehow benefited from this and received more money than they would have got if the banker was paid less. If Rawls was in charge, no one would earn huge bonuses unless the poorest also got more money as a result. Rawls thinks this is the kind of world reasonable people would choose if they didn’t know whether they would be rich or poor themselves.
I'll now leave it to the rest of you to ponder the implications of what you have just read.