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CEO pay, as a metric, is somewhere between a misunderstanding of the problem, and a red-herring. Taking the top "350" companies makes this particular example le
by AcerbicZero 7y ago
CEO pay, as a metric, is somewhere between a misunderstanding of the problem, and a red-herring. Taking the top "350" companies makes this particular example lean towards the red-herring column. Companies are larger than ever, have access to financial instruments that are more capable than most small nation states, and "grow" by eating their competition left and right. There are numerous other factors in play, many of which I likely don't know.
All that combines to create an environment where CEO pay out paces "reasonable" metrics, and each of those items needs to have its own nuanced discussion to even begin to make changes. I believe we legislated our way into this situation, and the current political landscape leaves little hope for legislating (or de-legislating) our way out of it.