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Re:How People Get Rich Now by Florin_Andrei on Monday April 12, 2021 @03:07PM (#26783699)
TLDR: CEOs are wildly better paid nowadays, compared to decades ago, via mechanism X, as opposed to mechanism Y. Both X and Y ultimately deliver money.
Re:How People Get Rich Now by missedthecue on Monday April 12, 2021 @04:34PM (#26784809)
And the question is whether that's a problem or not, and if so, who is it a problem for. My comment illustrates that modern CEO pay does not hurt the average employee in any way, only the shareholders.

Either you don't think modern CEO pay is a problem, or you think it's a problem because it makes shareholders poorer. It doesn't impact the rest of the employees or reduce their incomes.

Re:How People Get Rich Now by wavefunction on Monday April 12, 2021 @05:01PM (#26785126)
I find the notion that paying a CEO 321 times the salary of a worker in cash to be problematic for society while paying the CEO 321 the salary of a worker in stock options/grants is not not problematic to society to be completely unconvincing. Both illustrate to me the historic and increasing inequality in distribution of income and wealth. Asking me to ignore that divide and instead sympathize with someone like Carl Icahn is obscene in a humorous way.
Re:How People Get Rich Now by missedthecue on Monday April 12, 2021 @05:38PM (#26785533)
Why is it a problem then? Your personal intuitions about how much any human should earn in a given year sounds less like a convincing argument to me and more like envy.
Re:How People Get Rich Now by Florin_Andrei on Tuesday April 13, 2021 @02:26PM (#26796809)
> Why is it a problem then?

I honestly think the Ayn Rand crowd are missing a few circuits. Well, that's a crude way of putting it, but let's just say it's like color blindness but for ethics. No amount of oratory will make a color-blind person see red. And that's just the way it is.

Those "circuits" play an important role in regulating how groups behave. Lacking them, you open the door for extremely bad things to happen. This is why libertarianism and related ideologies should be treated with extreme caution at best.

Re:How People Get Rich Now by Florin_Andrei on Monday April 12, 2021 @07:16PM (#26786333)
> Either you don't think modern CEO pay is a problem, or you think it's a problem because it makes shareholders poorer.

The fact that you appear to be completely blind to the third option - the actual issue - is far more telling than any argument you've made so far.

Re:How People Get Rich Now by missedthecue on Monday April 12, 2021 @07:59PM (#26786622)
My argument eliminated the third option. It doesn't hold water.
Re:How People Get Rich Now by Florin_Andrei on Monday April 12, 2021 @09:40PM (#26787279)
So, you're still missing the point. Or "missing" the point, not sure which. Interesting.
Re:How People Get Rich Now by AnimalMuppet on Monday April 12, 2021 @10:01PM (#26787403)
No, you're ignoring where he answered the point. You're not answering his argument, you're trying to pretend that he never made it.

I'll admit I had to look fairly hard to find where he did, but he did in fact answer that. (Not saying that I necessarily agree with his answer, but he gave it. Refute it rather than saying he's dodging answering.)