Nowadays celebrities earn more money than politicians. What are the reasons this? Is it a positive or negative development?

Over the
last
decade, there is a tremendous rise in salaries earned by celebrities. When compared to political leaders, it is significantly higher,
thus
, a matter of serious debate. In
this
essay, I will outline why is
this
the case and elucidate its negative outcomes. Two key factors that contribute to the substantially high income of celebrities are the sources of money generation and the collaboration with brands. Popularity leads to high demand and
hence
, hefty pay in the entertainment industry. Since actors are very famous because of their unique talents and acting abilities, they generate more revenue. The other factor is the collaboration with big brands worldwide, unlike politicians, an entertainer's pay is not restricted to a country, they are able to generate more money by working internationally for famous brands
such
as Nike, Adidas, etc. If a famous actor accepts the offer to promote a well-known brand, the sales of the brand will shoot and
thus
, increasing the brand value
as well as
the actor's charges. There are two main drawbacks to it. If the pay gap is high,
the
Correct article usage
apply
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celebrities may feel a sense of entitlement as they are earning from the lawmakers of the country.
As a result
, they will not value the legal system or abide by all the rules.
Moreover
, their diverse sources of income may not be transparent to the government as they work in the private sector. Recently, a case of embezzlement was filed against a leading actor,
however
,
due to
no record of transaction history, it was dismissed on grounds of lack of evidence. If
this
continues to rise, the authoritative forces of the nation will lose their power and assertiveness.
To conclude
the aforementioned discussion,
while
the difference in salaries is high, it should be transparent.
Submitted by parasherakshita123 on

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Topic Vocabulary:
  • endorsements
  • revenue streams
  • global presence
  • diversified branding
  • income sources
  • free-market principles
  • market value
  • government budgets
  • public funds
  • public perception
  • value generation
  • bureaucratic
  • consumer spending
  • economic implications
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