Let's look at the facts about medicine:
- Thousands of people apply to do it, it is the single most competitive course in the country. Many of these people genuinely want to help people, however many applicants are motivated by the money.
- Only a fractions of applicants will get a place onto the course. The people that get places are not necessarily the ones who are most suited for the job. The ones motivated by money will make less caring doctors and waste government funded training.
- Doctors are still paid 6-figure salaries once they specialise, even though there is such a large supply of people who would do medicine even if it paid alot less.
So why are doctors still paid so much? Basic supply and demand states that when supply increases, price decreases. However the government still pays doctors high salaries even though there are many people not getting places into medicine, who would be willing to do the job without the motivation of money. I know that doctors undoubtedly deserve their wages, but if they were paid less we would only get applicants who want to do medicine for the right reasons.