• SCB@lemmy.world
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          10 months ago

          CEO pay and worker pay aren’t intrinsically linked. Paying a CEO less doesn’t mean workers will magically get paid more.

          Workers are paid based on the market value of their labor cost.

          CEO pay should be capped, but because the market is unhinged from reality and needs a check for overall business health, not because of anything to do with worker salaries.

          If CEOs made $0 there is no reason to assume employee wages would increase.

    • landlordlover@lemmy.world
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      10 months ago

      Whats the actual worth of a competent CEO? Do you think you can calculate his value after reading two articles and some arbitrary numbers?

      I know I am stupid but not that stupid to think I can judge a persons salary within minutes.

    • Captain Howdy@lemm.ee
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      10 months ago

      I’m honestly not trying to be antagonistic, I think I agree with you for the most part here.

      But how can you have an interpretation of math? Isn’t math objective? Isn’t math the key to all rationalization?I don’t understand how there could be “neofeudalist” or capitalist or communist interpretations of math.