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I’m engaging in good faith, no need for ad-homonyms. No, I do not expect a CEO to make those decisions on their own. They also usually bring a team (or make ch
by csharpminor 3y ago
I’m engaging in good faith, no need for ad-homonyms.
No, I do not expect a CEO to make those decisions on their own. They also usually bring a team (or make choices about who to keep/remove). So even if they’re not deciding directly, they’re only a step or two removed. Many of the multi-million dollar bets being placed might just be on who to hire to make a decision and execute.
Incidentally, those key hires are often why CEOs command such a price. Their price simply reflects that power in human networks is highly consolidated. CEOs absolutely leverage their position as gatekeepers here.
All this to say why I don’t think we’ll be successful in curbing CEO pay, and should instead just focus on taxation.
- denton-scratch 3y agoNo "ad-homonym" (I like that version!) I didn't attack you, I critiqued your remarks (you can tell, because I cited them).