technofool
Senior Member
Let me start by saying that I am a great fan of the free market system and I am opposed to capping or regulating what anyone earns. Free market and social forces should apply in an atmosphere of transparency.
Nobody really believes that 'free market' is appropriate in all situations. If you believed that 'free market' or 'willing buyer, willing seller' is really fair and that these executives are justified to demand their astronomical earnings, why am I not allowed to auction my organs to the highest bidder? The idea that the life of a rich person is more valuable than the life of a poor person and therefore rich people deserve better access to life saving opportunities is abhorrent to civilized people. Just because a person can pay me $1million for my cornea or kidney doesn’t mean they are more deserving than another person. And yet we, the shareholders and tax payers, are convinced that executives and government officials should be obscenely remunerated to afford exactly these injustices.
The greatest social evil comes when these talented citizens who benefit richly from society but do not contribute those talents back to the society that endorsed their extremist remuneration. How many of the above posts endorse the salaries by ‘These guys deserve what they earn because …’? In return these talented members of society shirk their responsibilities to the communities that support them by sending their children to private school, going to private hospitals, using private security companies and relaxing in private members only golf clubs. This is the ‘new apartheid’, if you can afford the price you get a place in the sun otherwise bad luck.
These talented ultra-rich people are not invested in public schooling, public medical care, public security or public recreation. They have essentially unplugged from their communities and no longer care about the schooling system, the medical system, the police or public access to beaches, mountains or parks. They have thrown the rest of the citizens under the bus to fend for themselves.
It seems that the shareholders and taxpayers who fund these salaries feel that you get better performance if you pay more. There are too many examples that show that paying huge sums is no guarantee of success. Why do we allow these talented people to demand disproportionate remuneration? Why do we feel that they deserve such outrageously privileged lifestyles? What are their qualities and how valuable are they really? Are they more valuable than honesty, dedication, loyalty, perseverance, hard work that all good employees exhibit?
Their most cherished quality is their Teflon coating, just watch them earn their zealous wages when they justify why the catastrophe that they have just overseen is not their fault. They nurture ‘plausible deniability’ because it allows them to get away with daylight robbery.
This whole mindset is getting away from us, government ministers feel they deserve to spend millions on cars and houses and life-styles while their voters are starving in unemployment. Isn’t this just the most stunning example of the ‘Executive Mindset’.
Nobody really believes that 'free market' is appropriate in all situations. If you believed that 'free market' or 'willing buyer, willing seller' is really fair and that these executives are justified to demand their astronomical earnings, why am I not allowed to auction my organs to the highest bidder? The idea that the life of a rich person is more valuable than the life of a poor person and therefore rich people deserve better access to life saving opportunities is abhorrent to civilized people. Just because a person can pay me $1million for my cornea or kidney doesn’t mean they are more deserving than another person. And yet we, the shareholders and tax payers, are convinced that executives and government officials should be obscenely remunerated to afford exactly these injustices.
The greatest social evil comes when these talented citizens who benefit richly from society but do not contribute those talents back to the society that endorsed their extremist remuneration. How many of the above posts endorse the salaries by ‘These guys deserve what they earn because …’? In return these talented members of society shirk their responsibilities to the communities that support them by sending their children to private school, going to private hospitals, using private security companies and relaxing in private members only golf clubs. This is the ‘new apartheid’, if you can afford the price you get a place in the sun otherwise bad luck.
These talented ultra-rich people are not invested in public schooling, public medical care, public security or public recreation. They have essentially unplugged from their communities and no longer care about the schooling system, the medical system, the police or public access to beaches, mountains or parks. They have thrown the rest of the citizens under the bus to fend for themselves.
It seems that the shareholders and taxpayers who fund these salaries feel that you get better performance if you pay more. There are too many examples that show that paying huge sums is no guarantee of success. Why do we allow these talented people to demand disproportionate remuneration? Why do we feel that they deserve such outrageously privileged lifestyles? What are their qualities and how valuable are they really? Are they more valuable than honesty, dedication, loyalty, perseverance, hard work that all good employees exhibit?
Their most cherished quality is their Teflon coating, just watch them earn their zealous wages when they justify why the catastrophe that they have just overseen is not their fault. They nurture ‘plausible deniability’ because it allows them to get away with daylight robbery.
This whole mindset is getting away from us, government ministers feel they deserve to spend millions on cars and houses and life-styles while their voters are starving in unemployment. Isn’t this just the most stunning example of the ‘Executive Mindset’.
