3 ms·

What's the point in capping CEO pay? It won't lift anyone out of poverty.

• lowercased 7y ago
  are we sure it won't? and whether the goal is to lift anyone from poverty (not sure that's a stated goal), perhaps it may force companies to look for other ways to spend their money. Perhaps more will find its way in to company/equipment reinvestment, more hiring, etc, or... uh-oh - might just end up getting taxed and make its way back to society via govt confiscation(!)
• newguy1234 7y ago
  It is purely ideological. Truth be told, there are major differences between a good CEO and a bad one.
  • citrablue 7y ago
    What are the differences between good and bad CEOs? From my vantage, companies sure seem to be awful at identifying these before hiring someone...
• AdrianB1 7y ago
  It will signal virtue. Politics 101% (adding the bad politics makes the sum go over 100).