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Why do CEO's make som much?

ocean515 said:
Opinion noted and dismissed.
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What he said was absolute fact. Not opinion. Like I said, you really know so little it's scary.
 
KLATTU said:
Not surprisingly , it's the simple la of supply and demand
Why Do CEOs Make so Much Money? - Foundation for Economic Education
You probably recall from Economics 101 that prices are determined by the interplay of supply and demand. Labor pricing, or compensation, is no exception.

Large corporations compete for experienced, proven, high-performing CEOs to run their companies. The directors of a corporation make the subjective determination of recruiting executives and setting their compensation. But that compensation package is often highly negotiated.


(OF COURSE YOU WONT HEAR THIS FROM DEMOCRATS,,,,"system is rigged getting rich of the backs of the poor....trickle up....tax cuts for the rich....blah blah )
COMMENTS?
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Yeah but .. all too often CEOs are in demand because they have a talent for squeezing through legal loopholes and looting the taxpayers.
 
Helix said:
1. because they can.

2. because **** workers and hooray for automation.

3. because once the five old guys control all of the wealth, we will all prosper. pornographically overpaid CEOs are an important intermediate step on the path to an ideal level of neofeudalism. the best strategy for those of us who aren't one of those five old guys is to be a good serf until we can be properly automated and subsequently fired.
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DO you EVER get tired of just regurgitating the same tired rhetoric?

Can you explain how white female the CEO of Planned Parenthood...a 501C3 NONPROFIT makes $957,952? Or the head of the Los Angeles Philharmonic...a woman...makes $1,676,531? Or how the head of the Alzheimer's Association makes $2,731,016...is that due to automation or the five old guys that control all the wealth? Heck...the head of the private college...you know...EVERYONE should go to college and it should all be freeeeeeee......the University of Chicago head as a NONPROFIT makes $2,756,471. And actually...thats a trend because several including the heads of Mt Sinai Medical who makes just under 1.5 million and the head of Northeastern University makes $2,914,488...as the head of a non-profit university. The head of Goodwill Industries...a charity...makes $3,206,088.

As for the non non-profits, the head of Yahoo makes 42 million. The head of TJ MAxx 26 million.Hewlitt ackard...20 million...Pepsico...20 million....

Five old guys...right? Automation...right?
 
Obscurity said:
Supply and demand my ass. They're paid so much because of greed.
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That makes no sense at all. Most people are greedy, but most don't make billions.

And the word "greed" is thrown around so much, but no one really knows what it means. Is it greedy to want a pleasant life? To want nice things? To have financial security? To have time off from work?

Or is there a specific cut off for greed?
 
Winston said:
CEO's make like 350 times what their workers make, that's an excess.
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Top Basketball star makes 350 times what the ball boy makes. I think it is crazy to pay some athlete that kind of money. I don't care that they make it... as long as they can find someone willing to pay them - more power to them.
 
whataboutism removed.

VanceMack said:
DO you EVER get tired of just regurgitating the same tired rhetoric?
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nah, i find calling it like i see it to be fairly accurate and satisfying.

VanceMack said:
Five old guys...right? Automation...right?
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that's the goal. keep shilling for it if you want. i may or may not waste time reading it, however.
 
Helix said:
whataboutism removed.



nah, i find calling it like i see it to be fairly accurate and satisfying.



that's the goal. keep shilling for it if you want. i may or may not waste time reading it, however.
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I dont doubt you call it 'like you see it"

Thats the point. And thats tragic. Facts be damned...you are going to stick with 'how you see it'.
 
VanceMack said:
I dont doubt you call it 'like you see it"

Thats the point. And thats tragic. Facts be damned...you are going to stick with 'how you see it'.
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facts can't penetrate the current right wing alt reality bubble, so you needn't trouble yourself with them.
 
Helix said:
facts can't penetrate the current right wing alt reality bubble, so you needn't trouble yourself with them.
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:lamo

You mindlessly regurgitate rhetoric, I gave you the 'facts'...and you cling to your myopic narrative.

:lamo
 
KLATTU said:
She just lazily regurgitates the same flawed stat from the AFL-CIo. ( no bias there huh? ) which Mark Perry has shown to be massively flawed.
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And yours is a hack link no one has ever heard of.

How about the Economic Policy Institute?

CEO compensation has grown 940% since 1978
Typical worker compensation has risen only 12% during that time​

I'm sure you have another canned excuse for this one too right?
 
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