Re:People Don’t Actually Want Equality, They Want Fairness
by banned1 on Sunday September 10, 2017 @01:15PM
(#15213155)
The market says a CEO deserves $100m per year. Is that wrong?
Re:People Don’t Actually Want Equality, They Want Fairness
by AnthonyMouse on Sunday September 10, 2017 @01:36PM
(#15213255)
When you have a company with $20B in profits, a CEO who can increase profits by 0.5% is worth $100M more than one who can't.
It isn't about rewards or even about what's fair. It's about the market. You pay an engineer a lot of money because you need an engineer to do the job and the supply of engineers is low. On the other hand, the supply of people who can clean bathrooms is effectively unlimited. There are far more people willing to do the job than there are jobs for them to do.