5 ms·
I’m kinda glad that the actual definition of “deserved” is determined by the market and not individuals, and this is a good example of why. Your argument is ess
by vernon99 2y ago
I’m kinda glad that the actual definition of “deserved” is determined by the market and not individuals, and this is a good example of why. Your argument is essentially capitalism vs. anti-capitalism. While I’m all for supporting various alternative models, usually anti-capitalist folks don’t suggest anything specific, except maybe government interventions to cap CEO salaries or something like that – which is clearly just a bandaid and still leaves a bunch of loopholes.
> I personally can tell you that if I were a CEO, I would not be able to sleep at night if my company's revenue, profits and valuation are booming and I fire tens of thousands of people for no other reason than because I can and it will keep costs (that the company can easily afford) down.
No shareholders in their right mind would hire such a CEO, so your chances are pretty slim.