(August 20, 2015 at 9:10 am)mh.brewer Wrote: I just don't like blanket condemnations.
If this is what companies need to pay to stay/continue to be competitive I don't have that much of a problem with it.
It simply is not needed. It is done because rich people want to do it.
(August 20, 2015 at 9:10 am)mh.brewer Wrote: Apparently this is what the market will bear. If the companies need to pay out to bring us the goods and services we want, so be it. I'm not sure why the blame is placed with the CEO's and not the companies.
I doubt you will find many who condemn the wage gap but who do not blame the companies as well. The companies are run by people. Rich, greedy bastards, but people. They inflate their own pay and squeeze the workers as much as possible. This is because they are greedy and do not care about the lives of the workers who are necessary for their company to function.
The workers are stuck because they need money to eat, and the other companies are doing the same thing. So the workers are forced to work at below the value of their work (you can know it is below their value, or there would not be enough money for the companies to make huge profits and to pay CEOs and other top executives huge salaries and bonuses).
(August 20, 2015 at 9:10 am)mh.brewer Wrote: Of course I don't wish/want this disparity. I don't think any right minded person would. On the surface it does not seem fare or equitable at all. I don't think the company stockholders/investors would mind a narrowing of the gap either.
So, whats the solution? I don't have one. I know bitching about it because it makes you feel better won't get it done. Maybe if you work for the company or are a stockholder you could gather enough support/backing to make a change.
There are several possible solutions. The French revolution comes to mind on this. But it could also be dealt with by law, by making it illegal for there to be such pay disparity in a company. For example, there could be a law requiring that total compensation for any one worker cannot be more than 10 times the total pay of the lowest paid worker (another number could be selected, of course; the 10 times is just a hypothetical example). Of course, such a law is not going to pass in the U.S., because corporations have too much political influence, and there are too many brain dead morons who believe corporate propaganda about it being somehow necessary or good for the CEOs to be paid so much.
"A wise man ... proportions his belief to the evidence."
— David Hume, An Enquiry Concerning Human Understanding, Section X, Part I.
