Will Theorists Ever Earn as Much as Applied Scientists?

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The discussion centers on whether theorists in sciences like biology, physics, and chemistry will ever earn as much as applied scientists such as doctors and engineers. It concludes that, due to supply and demand dynamics and the nature of capitalist incentives, theorists are unlikely to achieve comparable salaries anytime soon. Historical examples, such as chemists during World War II, are mentioned, but the consensus is that a drastic change in demand, like a world war, is not a viable solution. The conversation emphasizes that pursuing a career in science should not be driven by financial gain, as many successful scientists historically have not been wealthy. Ultimately, the focus remains on the intrinsic value of scientific inquiry rather than monetary compensation.
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Will there be a day when theorists (not applied scientists) make as much money as applied scientists?

So what do I mean by that?

Will biologists ever make as much money as doctors, surgeons, and psychiatrists?

Will physicists ever make as much money as engineers?

Will chemists ever make as much money as pharmacists?

Oh and I am just asking this because my parents and grandparents looks down on me because I don't make as much money as my brother whom has not even been pass high school and is working as a translator and is making more than I am...

He is also better in sports than I am...sigh
 
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flyingpig said:
Will there be a day when theorists (not applied scientists) make as much money as applied scientists?

Will biologists ever make as much money as doctors, surgeons, and psychiatrists?

Will physicists ever make as much money as engineers?

Will chemists ever make as much money as pharmacists?

No, certainly not any time soon anyway. Supply and demand is one reason.
 


No, not unless you adopt a communism similar to Soviet. Theorists aren't well paid since everyone benefits from their discoveries anyways so there is no capitalist reason to do it for companies and the State sees quantity as more important than quality which is reasonable since you won't get much more quality by paying theorists more.
 


Klockan3 said:
No, not unless you adopt a communism similar to Soviet. Theorists aren't well paid since everyone benefits from their discoveries anyways so there is no capitalist reason to do it for companies and the State sees quantity as more important than quality which is reasonable since you won't get much more quality by paying theorists more.

What about World War II? Huge demand for chemists? I am sure Oppenheimer was quite wealthly?

If there was a World War III, you think this might change?
 


flyingpig said:
What about World War II? Huge demand for chemists? I am sure Oppenheimer was quite wealthly?

If there was a World War III, you think this might change?

If there is a sudden, unexplained, hyper-demand for a particular brand of science, then yes, clearly the salary will go up. I'd bet on this never happening. Suggesting something like world war III as a hope that you might be able to make a good wage is ludicrous. You've taken part in enough threads on this forum to know that you don't go into science for money - if you're that concerned about your families perception of you based on your wages, go into law or medicine - then I can as-good-as guarantee that you'll be making the same money as those doctors and you don't have to hope for a world war.

Also, no, many famous scientists back-when were not wealthy. Depending on your baseline, you could point out that many famous scientists today are not 'wealthy' (though my career potential earnings are much less than six figures and I'm satisfied that I'm well-off) - it would take one man solving all of the worlds problems for a scientist to be paid movie-star salaries for instance.
 


flyingpig said:
If there was a World War III, you think this might change?
If there is a World War III, no-one will care anymore. Be very careful what you hope for.
 


It is true that historically those who dabble with theory never make much money, but it's not about the money.
 

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