Re:CEOs made 299 times more than their average workers last ...
by rconti on Wednesday July 14, 2021 @03:36PM
(#27837424)
> Is it making the average worker poorer?
Almost certainly, yes.
The economy is not a fixed pie, but unless it's the CEO driving the productivity gains of a company, there's no real reason to give them a more and more outsized share of the revenue. It could go to the workers, or the shareholders.
Re:CEOs made 299 times more than their average workers last ...
by shadowlight on Wednesday July 14, 2021 @03:56PM
(#27837670)
The economy is not a fixed pie but it's also not a source of unlimited riches.
All production is limited by rate of available energy and/or available extraction of material.
It is actually more accurate to say the economy is a fixed pie than it is to ludicrously say the economy is a source of infinite wealth.
Re:CEOs made 299 times more than their average workers last ...
by silicon2401 on Wednesday July 14, 2021 @04:15PM
(#27837868)
People have fundamentally different worldviews. Some people refuse to accept anybody having nice things unless everybody can have them. I personally don't care for dragging everyone down to the lowest common denominator, I'd rather focus on helping bring people up where feasible.
Re:CEOs made 299 times more than their average workers last ...
by mcguire on Wednesday July 14, 2021 @05:16PM
(#27838538)
Nah, mate. Admit it, we're all about getting the best we can for ourselves and devil take the hindmost.
Re:CEOs made 299 times more than their average workers last ...
by silicon2401 on Thursday July 15, 2021 @04:41PM
(#27849867)
I'll definitely agree that that applies for most people, including myself. Also don't think there's anything wrong with that. But I was more saying when people aim for equality, some take that to mean dragging everyone down first, and some take that to mean pulling everyone up first.
Is it making the average worker poorer?
Or somehow more miserable (barring base jealousy)?