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This entry was edited (2 weeks ago)

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in reply to David Chisnall (*Now with 50% more sarcasm!*)

Also the highest paid CEOs are the worst performers according to the leftist hippies at *checks notes* Forbes 👉 forbes.com/sites/susanadams/20…

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in reply to JWcph, Radicalized By Decency

@jwcph
We pretend that companies are synthetic profit-seeking entities, but companies are still just collections of people working together trying to do their best impression of a ruthless machine.

You hear people say co-workers are "like family" -- and sometimes companies make choices that serve aims other than profit. That meet the needs of communities, or individuals, or even just the vision of doing something that started the process in the first place. 1/

in reply to myrmepropagandist

And everyone loves a tale of the dedicated craftsman who still uses the old methods to make a quality product even though it would be more profitable to move on. The story of the person whose wages are more than coins, because they take pride in what they create.

We love this stuff and have made a system designed to destroy it. Which means that the metrics Forbes has used in this article: stocks and accounting can't capture just how BAD the bad CEOs really are. 2/

This entry was edited (3 weeks ago)
in reply to myrmepropagandist

What kind of profit maxing CEO wouldn't try to max out their own salary? The normal human notion of saying "OK that's enough money." it antithetical to that value system.

It's what's valued most. Though it seems that too pure of a focus in this line might mean that the CEO has lost sight of the other reasons the human organization they run exists.

And since THAT is bad for "the bottom line" we are meant to care, but just a little.

3/3

This entry was edited (3 weeks ago)
in reply to myrmepropagandist

@futurebird We're back at greed as a zero-sum game, as I alluded to a few days ago; the greedy person who will choose having a small cake all to themselves over an objectively larger piece of a much bigger, but shared cake.

Greed isn't just wanting more & never having enough - it's the unfettered desire to have what someone else has, to have all there is to be had.

Which is why the greedy CEO will eventually bite off the very hand that pays his salary.