Certainly there is. You appear to be assigning "illogical" to "that which I do not understand"; usually this is a fallacy in foreign policy analysis but you appear to have imported it.There is no logical rationale for this gap.
And those who do so will be eaten alive by the merciless competition of the market. So how are those companies with highly paid CEO's doing, anywho? Getting eaten alive by the companies who don't pay enough to attract the highest-quality personnel? Realize that the CEO's you are complaining about are the creme de la creme of the business management sector - they are the Bo Jacksons, the Nolan Ryan's, the superstars of their field.Now, any business is free to be illogical and throw their money away as much as they want
Agreed. Which is why pulling CEO's in particular out is silly. Why not pull out CFO's, or IT programmers?Nonsense. First, Knowledge workers as a term includes more than CEOs.
No, I am discussing how large economic change has shifted us to where the leveraging of knowledge produces either vastly greater return, or vastly greater loss; putting quality knowledge work at a premium.You're not trying to sneak something past are you?
In Government, yes. In the market, much less so.Second, what someone is paid is not necessarily related to any objective measure of worth.
If he did indeed mismanage his company, he is certainly not worth as much as one who managed it well.Certainly the CEO who badly managed his company and lost it can't be actually worth much.