CEOs work harder every hour than their wage slaves do every season.

[Minimalist]

It's a good thought!

[kılıç_mehmet]

What makes them deserve it? The working classes have the might to take it all back. They are the ones who created all the wealth. Why shouldn't they?

Take it back and do what?
Are they going to become CEO's themselves?
Such ideas never helped anyone.
Wealth accumulation is obviously the symptom of the problem, not the problem itself.

[Ryantology]

Depends on what you mean by "deserve". Did they do a large enough amount of work as a CEO to merit such a large amount? Probably not. Do they deserve to keep it? Yes.

If they don't merit it, why do they deserve to keep it?

CEO's get paid large amounts; it's the way things are, mainly because there are precious few CEOs, and even fewer good CEOs. Running a large corporation isn't a job that just anyone could do; most of us (myself included) would fail if we tried it.

It's not nearly as difficult as many jobs which pay far less. Ever see that video of people climbing a 1700 ft. radio tower to do repairs? Most people wouldn't even be capable of attempting it. There are tons of jobs that most people couldn't do, many of which are ultimately more important, and almost none of them get eight digit paychecks.

The good news though, is that you can directly influence the amount of money a CEO gets paid. Just stop buying products / services from their company, and get enough people to do the same.

Very frequently not a plausible solution in the real world.

[kılıç_mehmet]

It's a good thought!

Though really, killing a CEO won't really get you his money, as there are concepts such as inheritance and private property.
Ultimately, I think that since you all are products of the same system, I don't think that your mentalities are any different from eachother. You simply are dissatisfied with how you're not a CEO.

[Minimalist]

Though really, killing a CEO won't really get you his money

Ah, but see. I don't want his money, personally.

I think if one or two of these motherfuckers were dragged out of their mansions and beaten to death by an angry mob of poor people the rest of the bastards would lose their arrogance real fast.

Its not so much to ask, is it?

[TaraJo]

The good news though, is that you can directly influence the amount of money a CEO gets paid. Just stop buying products / services from their company, and get enough people to do the same.

Kinda difficult to do when some of the most corrupt companies don't really do anything other than own stock in other, smaller companies. How can you buy shoes, for example, from a company you're ok with when the same scum-ball owns a lot of stock in all the shoe companies?

---

I think if one or two of these motherfuckers were dragged out of their mansions and beaten to death by an angry mob of poor people the rest of the bastards would lose their arrogance real fast.

Its not so much to ask, is it?

Not to mention, some of them would probably actually reinvest that money back into the economy when they buy security fences for their homes, bulletproof vehicles to get around in, personal assistants to take care of errands because they're afraid to leave home and a security team to watch their house. I mean, sure, it's still a bit excessive, but at least they aren't taking that money and hoarding it in an off-shore account.

[kılıç_mehmet]

If they don't merit it, why do they deserve to keep it?

Because the legal system allows them to keep it. You too are allowed to keep what you have.

It's not nearly as difficult as many jobs which pay far less. Ever see that video of people climbing a 1700 ft. radio tower to do repairs? Most people wouldn't even be capable of attempting it. There are tons of jobs that most people couldn't do, many of which are ultimately more important, and almost none of them get eight digit paychecks.

Yes, and being a CEO requires you to waste hours of your life in universities, gettiing degrees, publishing papers on various areas of economics and etc.

Like for example, I can as a chemical engineer, earn more money by submitting a single project than a worker that will work in the factory that will be based on the project, will earn in a year.
OF course, in order to do that, I must commit at least 20 years of my life to get the necessary degrees and publish papers, give lectures, and travel from country to country to study the know-how to actually design a project like that.
Tell the guy who climbs the 1700 ft. radio tower to do this. The guy who designs the 1700 ft. radio tower and its workings will obviously earn more than the guy who does the repairs.

So would you say the money he does not merit a high paycheck?
I'd say that in the system he grew up in, he does.

Though really, killing a CEO won't really get you his money

Ah, but see. I don't want his money, personally.

I think if one or two of these motherfuckers were dragged out of their mansions and beaten to death by an angry mob of poor people the rest of the bastards would lose their arrogance real fast.

Its not so much to ask, is it?

And what exactly will that give you?
Nothing, really.
As I said, you direct your attention to the wrong target.

[Lemonvariable72]

It has to be true, because the idea of income inequality is just class warfare tactics by lazy socialist liberals who want to steal hard-earned money from job creators.

The issue here is value of labour. You get just about any body that will make a good employee at macdonalds, where as few people have what it takes to run one of these massive companies. Some of those guys spend 16 hours a day building those companies from the ground up, others slit some throats to get into position, and many do both.

[Minimalist]

And what exactly will that give you?

Satisfaction.


I'm not out to win the Lady Byng Trophy, you know.

[Assimilate]

CEO's obviously did something to get in the position they are in, and granted they should be paid more than their employees, but the gap of that pay is absolutely fucking bananas, and absolutely ridiculous.


recently in the news

JPMorgan Chase handed chairman and CEO Jamie Dimon a scandalous 74% raise — even though the investment bank was forced to shell out some $20 billion in legal settlements for a flurry of fiascoes in 2013.

But while their 57-year-old boss got his big payday, many employees at JPMorgan didn’t get raises because of falling profits, according to reports.

JPMorgan Chase’s profits dropped by 16% to $17.9 billion in 2013, pulled down by hefty legal bills to settle claims stemming from the mortgage crisis, Bernie Madoff’s Ponzi scheme and other legal messes.

link

Though the article is clearly opinionated at the digs it takes, it's hard not to agree with the overall tone of the message. Not all CEO's are bad, but all in meanwhile certain business's touted as to big to fail, and covering up scandals and reaping in a huge pay day is laughable. Does he deserve a raise, although this ceo should be facing charges imo, business wise he does deserve a raise, but not to that extent. The norm of upping CEO's pay to extraordinary amounts while the people below get nothing is repulsive at best. The problem isn't that CEO's are getting paid, the problem is the employee's are not getting paid. Employees are the ones who need to sacrifice, and then sacrifice even more.