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Who are you to tell a company how to manage itself and how much they can pay their employees? If the board feel a CEO generates that much value for their compan

• nkurz 10y ago
  Who are you to tell a company how to manage itself and how much they can pay their employees? A citizen, which is to say, part of a group that collectively decides the "rules of engagement" for corporations. Society has chosen to grant certain rights to corporations because society feels that properly regulated corporations are a net benefit. At the point where enough individuals decide that the benefits are no longer sufficient, new rules can and will be made. There is (to me) nothing inherently sacred about allowing amoral corporations to operate in the manner that they decide is most effective for their interests. We've decided that minimum wages are acceptable, that maximum work weeks are a good thing, that certain styles of contracts are unenforceable, and if we wanted to, we could decide that excessive differences in pay are legally unconscionable. There's always a danger that societally we'll make the wrong choices, and that new rules will do more harm than good, but I don't think there is any question that society has a "right" to make such rules? At least no more than there is question that society has the right to make and enforce any other law? Turning it around, who are you to tell us that we can't regulate these companies how we choose?