Footballers deserve their pay – can the same be said of university vice chancellors?
Louise Richardson, Vice Chancellor of the University of Oxford, is, according to the university’s website, a political scientist whose research ‘specialises in international security with a particular emphasis on terrorist movements’. Next time she tries to defend her £350,000 salary I suggest she corners someone from the economics department for advice. I don’t think, at her current state of understanding, she would get very far in a PhD on relative pay in the fields of business, entertainment and academia. I am sure Ms Richardson works very hard and her work is all terribly worthy but, alas, in a capitalist system that is not, and has never been, how financial rewards
