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Yes the CEO should make more, but where do you get off that a single individual can possibly do 300-400x more work than another individual. It is sheer absurdit

Yes the CEO should make more, but where do you get off that a single individual can possibly do 300-400x more work than another individual. It is sheer absurdity of an opinion to hold. In a civilized society I would say maxing out the top paid employee of a company to 20-30x of the average of the salaries of the bottom half of all salaries in the company is what should be done. Anything more than that creates a system of perverse incentives to take action that is against the greater good of the community.

Sugimot0 3y ago
Also Akida Toyoda made $6.9m last year, and Toyota is larger than any of the US companies by a wide margin in every metric, while bringing in more net income. How do these US CEO's calculate their worth as 5x as much for smaller less profitable companies? It's avarice clear as day.
- pc_edwin 3y ago
  Dear sir, Akida Toyada very very surprisingly unbeknownst nobody just so happens to be the grandson of this random guy Kiichiro Toyoda who shockingly was the founder of Toyota Motors. Just do you know I'm using all the restraint I have in me to not question your mental capacity using slurs (pls don't ban-ish me señor Dang, grant me this sentence).
pc_edwin 3y ago
I tried to address this in the latter part of my post. I'll start by saying there is a lot of nuance here with cases where I might even agree with you but I'm going set aside nuance in service of getting to the core of my point. The guy who pushes around a trolley, unpacks a box of goods and puts it in the shelfs of a local branch of a nation wide grocery chain is not just worth 30x less than the CEO of that multi billion dollar grocery chain. The key distinction here is that the difference isn't just linear, its non linear with a steep gradient. You can replace that guy with a 12 year old disabled girl and it would make almost no different to outcome for the multi billion dollar grocery chain. Whereas if you hired a slightly less competent/experienced CEO and I mean like 0.5% less, the difference is tens or even hundreds of millions. The non linear nature to this is not just something to do with humans, its a natural phenomenon. Its the Pareto principle & distribution. Maybe things can be in the realm of 20-30x when we are talking about CEO vs the rest of the C-suite. P.S. Just to directly address your civilised society claim: There is nothing civilised about the proletariat or their puppeteers dictating by fiat how far high a person can fly before their wings get chopped off. Btw in such a society, those who chose are an order of magnitude more powerful than the most richest and powerful in our current society. You just replaced one set of elites who "atleast" "somewhat" earned their station with another set of elites whos only skill is in being a good orator.

Sugimot0 3y ago

Also Akida Toyoda made $6.9m last year, and Toyota is larger than any of the US companies by a wide margin in every metric, while bringing in more net income. How do these US CEO's calculate their worth as 5x as much for smaller less profitable companies? It's avarice clear as day.

pc_edwin 3y ago
Dear sir, Akida Toyada very very surprisingly unbeknownst nobody just so happens to be the grandson of this random guy Kiichiro Toyoda who shockingly was the founder of Toyota Motors. Just do you know I'm using all the restraint I have in me to not question your mental capacity using slurs (pls don't ban-ish me señor Dang, grant me this sentence).

pc_edwin 3y ago

I tried to address this in the latter part of my post. I'll start by saying there is a lot of nuance here with cases where I might even agree with you but I'm going set aside nuance in service of getting to the core of my point. The guy who pushes around a trolley, unpacks a box of goods and puts it in the shelfs of a local branch of a nation wide grocery chain is not just worth 30x less than the CEO of that multi billion dollar grocery chain. The key distinction here is that the difference isn't just linear, its non linear with a steep gradient. You can replace that guy with a 12 year old disabled girl and it would make almost no different to outcome for the multi billion dollar grocery chain. Whereas if you hired a slightly less competent/experienced CEO and I mean like 0.5% less, the difference is tens or even hundreds of millions. The non linear nature to this is not just something to do with humans, its a natural phenomenon. Its the Pareto principle & distribution. Maybe things can be in the realm of 20-30x when we are talking about CEO vs the rest of the C-suite. P.S. Just to directly address your civilised society claim: There is nothing civilised about the proletariat or their puppeteers dictating by fiat how far high a person can fly before their wings get chopped off. Btw in such a society, those who chose are an order of magnitude more powerful than the most richest and powerful in our current society. You just replaced one set of elites who "atleast" "somewhat" earned their station with another set of elites whos only skill is in being a good orator.