YanShen wrote:Ah but see your definition of commercial is so broad as to be useless. Clearly everyone is paid for their services in some fashion. By your definition, even a prostitute produces commercial value because they earn money for themselves and possibly their pimp.
I mean commercial value as in, the knowledge that professors produce isn't readily commercialized directly.
Ironically, isn't much of higher education free in socialist Europe?
Not in the UK, but in a lot of Europe, yeah (although not for foreigners). And professors don't get paid as much as America as a result, because the profit margins for universities aren't as high. Of course every service has a commercial value. But the salary of those working in it is determined by its commercial value, not its intellectual value. Professors don't get paid more than school teachers because their work has more intellectual merit (although arguably it does), they get paid more because universities make money and schools don't. Drug dealers get paid a lot of money because the illegality of their product increases its commercial value, not because they're contributing anything of intellectual value over the shop selling tobacco. There will undoubtedly be a number of drug lords in the top 10% of earners, purely because of the commercial value of what they're selling. Footballers get paid more than rugby players. It's not more difficult. It has no greater intrinsic value. There aren't fewer people who can do it at a high level. It's just worth more money to advertisers. In music, it's often the exact opposite. Most people would argue that the stuff that results in the biggest rewards is the stuff with less intellectual merit. Obviously that's a bit more difficult to measure though.
The knowledge professors produce isn't commercialized directly, no. They are not paid for their knowledge, they are paid for their ability to teach it and make money teaching it. And of course the university has to fund their research to ensure that they remain at the cutting edge of knowledge in the field they teach so that they can become more attractive to students. But the intellectual value they create is not why they're paid. If it was, they wouldn't have to teach it too.