Discussion about this post

User's avatar
Lou Stein's avatar

Honestly, I am not clear on what Unions are fighting for? My question is CEO's salary really worth up thousand times more than lowest paid worker? Does their contribution to corporation bottom line really translate into a need for such a wide difference. Shouldn't tax policy penalize such behavior? You can compare Nordic companies or any other more reasonably paid executives and see that performance doesn't translate into improvements by overpaid executives. Certainly, there is no pushback by states that have these companies incorporate. We see race to the bottom of inequality index and masses are none the richer for it.

Lou Stein's avatar

Honestly, I am not clear on what Unions are fighting for? My question is CEO's salary really worth up thousand times more than lowest paid worker? Does their contribution to corporation bottom line really translate into a need for such a wide difference. Shouldn't tax policy penalize such behavior? You can compare Nordic companies or any other more reasonably paid executives and see that performance doesn't translate into improvements by overpaid executives. Certainly, there is no pushback by states that have these companies incorporate. We see race to the bottom of inequality index and masses are none the richer for it.

No posts

Ready for more?