Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
I assume you are arguing in good faith, so I'll answer in good faith.
Quote:
Originally Posted by RedZin
1. That what's fair for workers is better decided by workers.
If the workers don't think the compensation is fair, they would walk and find someone who offers them more money. Same goes with the CEO. Plenty of CEOs quit or find greener pasture.
Quote:
Originally Posted by RedZin
2. What's right about such an enormous one? Naturally, I know there's going to be one. But, why so huge?
Enormous based on what standard?
CEO market is a highly competitive and a ton of people (I don't know why - it's ridiculously stressful) line up to take that job, and a ton of companies line up to take every highly performing CEO.
If a CEO can operate your company and generate $10 billion a year of profit. How much would you pay him? $1 million? $10 million? OK, let's say $1 million, and he accepts.
The problem is the next company would offer $2, $5, $10 million to hire him away from you. A good CEO gets called and courted CONSTANTLY!
Now what do you do? Most people would pay him $10 million.
Again, the CEO market is highly competitive just like a day labor market.
Quote:
Originally Posted by RedZin
3. We don't have much of a middle class in the US anymore. Do you think the working poor are middle class?
Everybody in US is ridiculously rich according to every world standard. Not sure what poor people you are talking about.
Average CEO made 13.1mil
Average worker made 37,000
Average NBA player makes 6.4mil (including the scrubs and guys on rookie deals)
If you just consider NBA starters and include their endorsement income, you'd be well over the 13.1million figure and there are about as many NBA starters as there are CEO's in the study.
Why is it ok to pay someone that contributes to a companies success via their actions but not to compensate someone running a company and making critical decisions about it's direction?
Why does the usher, guy selling peanuts, woman taking tickets at the games make $10/hour or whatever when a star player is making 1/2million each game in pay and endorsements?
Answer: Because this is political grandstanding and CEO's are the easy target without really having to address the root cause of wage stagnation in the middle class.
It is against CD policy to edit quoted posts. Deleting a portion of the original post is still editing. In your case you are trying to make the poster you are quoting to be a racist.
If I'm a stock owner of the company its definitely my business.
Dude, those 4 or 5 shares you have in Billy Bob’s Greasy Burgers stock doesn’t entitle you to a voice. Let’s not bog this thread down in delusions of CD grandiosity.
We’re talking about people that punch way above your station in life. Let’s keep it that way.
It is against CD policy to edit quoted posts. Deleting a portion of the original post is still editing. In your case you are trying to make the poster you are quoting to be a racist.
True, but as long as you don’t alter any words, it’s generally permissible.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
