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"This is terrible, and must be stopped!" Grand theft is already a crime, how else do you 'steal wealth'?? "Do CEOs create or steal wealth?" CEOs don't 'steal
by bobby_9x 11y ago
"This is terrible, and must be stopped!"
Grand theft is already a crime, how else do you 'steal wealth'??
"Do CEOs create or steal wealth?"
CEOs don't 'steal' wealth.
They are paid to do a job that pretty much nobody can actually do, which is why they are paid so well. If I know a good CEO can make my company $30 million dollars, I have no problem paying him $5 million/year.
This is like saying a general has no purpose in the military because they aren't actually fighting.
- edanm 11y agoYour argument is uncharitable. You might not agree with them, but there are arguments about how wealthy people "steal wealth". They're not usually focused on CEOs specifically, but the main argument is that wealthy people use their wealth to give them political influence, which helps them pass laws that "unfairly" benefits them. (Or, if you don't want to bring fairness and morality, we can just say that wealthy people pass laws that make it more likely for them to remain wealthy, regardless of whether other people are impacted badly by this).
- bobby_9x 11y ago"They're not usually focused on CEOs specifically, but the main argument is that wealthy people use their wealth to give them political influence, which helps them pass laws that "unfairly" benefits them. (Or, if you don't want to bring fairness and morality, we can just say that wealthy people pass laws that make it more likely for them to remain wealthy, regardless of whether other people are impacted badly by this)." This is a straw man, not an argument. Poor people have political influence too. With the popularity of Twitter and social networks, everyone does. If you don't like what a politician is doing, go out on Twitter and start a #hashtag campaign against them. It has gotten many political figures, CEOs, and even regular employees fired.
- JBiserkov 11y ago>how else do you 'steal wealth' For example by colluding with your competitors not to poach each-other's employees, thereby lowering your employees salaries, and stealing wealth directly from your employees. That's exactly what CEOs do. Even the Holy Steve Jobs himself.
- bobby_9x 11y agoI see bigotry, stereotypes, and generalizations are alive and well on HN. This is not an argument.