Re:Limitarianism: The Case Against Extreme Wealth: Ingrid Ro...
by avgcorrection on Friday February 02, 2024 @03:35PM
(#39233969)
People of my opinion/disposition already know that CEOs make too much. You don’t have to indirectly tell me.
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Re:Limitarianism: The Case Against Extreme Wealth: Ingrid Ro...
by kuratkull on Friday February 02, 2024 @03:40PM
(#39234032)
You wouldn't have those items without that compensation. This should be more traumatic than people make it out to be. You wouldn't have your iphones, twitters, facebooks, vr goggles, steams, ikea tables, etc.
Re:Limitarianism: The Case Against Extreme Wealth: Ingrid Ro...
by PaulDavisThe1st on Friday February 02, 2024 @04:19PM
(#39234560)
> You wouldn't have those items without that compensation.
Asserted without evidence.
Re:Limitarianism: The Case Against Extreme Wealth: Ingrid Ro...
by avgcorrection on Friday February 02, 2024 @03:46PM
(#39234111)
Traumatic? What are you talking about?
And it’s easy to argue (EDIT: more like assert without evidence) that cherry-picked aspects of the status quo for the last forty years is the linchpin of everything.
Re:Limitarianism: The Case Against Extreme Wealth: Ingrid Ro...
by devbent on Friday February 02, 2024 @05:36PM
(#39235397)
CEO pay in America was forced to be made transparent by Congressional law.
Shortly thereafter CEO pay started to skyrocket. There's no evidence CEOs started doing a 10x better job running companies but their pay sure as heck increased, 10x then 100x!
Countless studies have shown that workers are not motivated by money beyond around low six figures.
There is no reason to suspect a CEO earning $100 million is 100 times more dedicated to the job than one earning $1 million dollars.