Quote:
Originally Posted by TarukShmaruk
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This is a nice sentiment but it's just not reality.
First of all, it's easy to find unskilled labor, it's a lot harder to find good CEOs. You think being a CEO is easy - it isn't.
CEO's don't work 9-5. The company is their life. People are compensated what the market values them at.
And all that talk about slave labor and outsourcing dies out when you end up having to pay a lot more for the shit you buy - it's all driven by competition.
Not just competition for products, but competition for talent working at the company.
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All the things you said justify good pay. They do not justify
astronomical pay, which is what people have issues with. Even so, CEO pay is such a stupid, petty issue in an economy that's being anally raped by fiscal conservatism.
The public has as much a right to tell corporations how to allocate their resources as corporations have to tell the government how to allocate theirs. Ideally, when corporations are being inimical, people wouldn't work for them or patronize them, but it doesn't really work like that, the invisible hand is a fallacy, etc