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You work 8 hours a day for your survival. They work 8 hours a day for their survival. Somehow we justify giving them 200 times the share of the output regardl
by pravus 6y ago
You work 8 hours a day for your survival. They work 8 hours a day for their survival. Somehow we justify giving them 200 times the share of the output regardless of individual effort because they had some good ideas.
I'm not saying these ideas aren't worth anything. Are these ideas really worth a continual system where someone else is always getting 200 times the extracted benefit than you?
The problem is that at that rate of pay they can rapidly accumulate a financial engine that moves that multiplier externally from say 200-1000 while you can only move your multiplier from 1 to maybe 1.1. How often do you get a 10% raise and how much utility did Bezos get out of his recent billions stock windfall?
- robertlagrant 6y agoIt's weird that you know more about what a CEO is worth to a business than the business' owners do.