alt Hacker NewsNot sure why the left cares so much about CEO to work pay ratio these days, especially when Marx himself recognized that ownership was the true source inequality. A CEO is just a really well paid worker. Even CEOs who become billionaires do so from capital appreciation more than compensation.
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johnnyanmac • yesterday at 7:39 PM
A CEO is a worker incentivized to maximize profits to maximize compensation. And nowadays they see other workers not as a profit center, but as a blockage to their next big payout.
So yes, it is a problem when leadership doesn't have long term aspirations for the large company.
Because Marx theories do not hold up to reality, and most people can plainly see it.
How is it working for the US to have every company mostly owned by the general public's retirement funds?