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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Tenchusatsu who wrote (699893)2/19/2013 7:09:19 PM
From: SilentZ  Read Replies (3) | Respond to of 1578756
 
>All it does is advance the myth that CEO pay comes at the direct expense of workers' wages. That is the kind of myth that motivates the Occupy Wall Street losers.

You ever been in top management? The closer you are to the money, the closer it is to get more money. It's a vicious cycle and it does end up screwing over those lower on the totem pole. Does a CEO who makes $20 million a year really work a thousand times harder than a janitor in his company? Of course not. But he has access to the purse strings. And the further away the CEO gets from living in a situation similar to those below him, the less of a crap he gives about what happens to them. There have been several studies on this.

It really does become hoarding, plain and simple. CEO pay goes up, worker pay does not. There really is no way to change that outside of government intervention.

If it isn't a problem to you, then fine. But don't kid yourself that the relationship between executive pay and worker pay isn't a good one for the workers.

-Z