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I think your point is roughly "[publicly traded company] CEOs are manipulating the value of their stock for their own personal gain instead of creating real val
by jameslk 1y ago
I think your point is roughly "[publicly traded company] CEOs are manipulating the value of their stock for their own personal gain instead of creating real value inside the companies they run" -- if so, perhaps, but you should let the shareholders know so they can park their capital elsewhere
- _DeadFred_ 1y agoMy point is your circular logic here: "It matters where you direct your attention. Performance-based comp is a red herring. If you want to direct your rage at wealth inequality in the working class, perhaps start with the things that have eroded the supply-demand balance of labor, such as globalization and technology." Who is using AI as an excuse to fire people? The same CEOs people are complaining about. And why are the CEOs doing it even though it's not proven tech? For short term stock gains, in order in enrich themselves via their stock compensation.
- deleted 1y ago[deleted]
- jameslk 1y agoThere is no circular logic there, but it does seem you are leaning on this fallacy: > For short term stock gains, in order in enrich themselves via their stock compensation. https://www.equilar.com/reports/34-executive-stock-ownership-guidelines.html https://www.equilar.com/reports/34-executive-stock-ownership...
- _DeadFred_ 1y agoSo you are saying CEOs can only own stock via one mechanism?