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> But all that sounds like an idea an executive would invent to justify earning 1000x more than what an average worker makes. Of course, and the recent absurd
by jgeada 7y ago
> But all that sounds like an idea an executive would invent to justify earning 1000x more than what an average worker makes.
Of course, and the recent absurd ratios of executive pay vs average workers are likely unsustainable. It is all part of the same echo chamber that gave us trickle down economics.
Realistically, most people in charge of money are the ones that decide how to allocate it and, without any other constraints, will allocate themselves as much of it as possible, as there is virtually no one else at the negotiating table to object. There are very few truly independent boards that would interfere in this self-dealing, as most are a self-referential loops of executive relationships.