Originally Posted by SpankyMcFlych
Your "anyone can do it" argument falls flat in the face of reality. The wealthy are growing obscenely wealthy while the middle class is growing poorer and shrinking. This trend has been going on for many many years now and current ceo pay scales are just another aspect of the way the system is rigged to funnel money out of the productive members of society (the middle class) to the parasitic wealthy class.
We don't have a capitalist society anyway so I don't know where your "go join a socialist country" jab comes from. In a capitalist society the productive class would hold the lions share of the wealth. This would be a natural result of their productivity. The fact that a tiny group of extraordinarily rich people hold the majority of wealth in america shows that we have a reverse socialist society where wealth is stolen from the productive people and given to the already wealth through manipulation of laws and tax schemes.
And why do people always fall back on that argument anyways? "If you don't like it, get out!". This is the sort of argument a 5 year old would make.
You're distorting what I said, what I was responding to, and what the definition of a capitalist country is. Reverse socialism? Stealing? Oy vey, you're delusional.
This thread has been full of some people whining that certain CEOs don't deserve the amount of money they're being paid - not corporate loopholes or distribution of wealth. Again, especially in a capitalist nation, something is only worth as much as someone will pay for it. There is not and should not be some external force, i.e. government, telling a company how much a CEO or any employee is worth, save minimum wage. They're "worth" whatever the current CEO "market" says they're worth. Supply and demand. If someone valuable is all of a sudden freed up from a separation, then they'll likely get offered a lot of money for their services. The CEOs aren't writing their own paychecks. Their skill set and experience is seen as a valuable commodity to make the company they work for many multiples times whatever they're being paid, and companies see fit to pay them well enough that they won't get snatched up by someone else.
Who exactly is "rigging" the process I just described? Why would board members "rig" many millions of dollars to leave their company to go into the hands of a single person? That proposal is flat stupid. People just prefer a conspiracy theory over no theory at all.
My point was that if you want non-government funded paychecks (again, save minimum wage) to be determined or regulated by the government, then you're in the wrong country. There are 194 others out there that you may like better. No reform is needed or will happen when it comes to that specific topic. If all I said was "If you don't like it, get out!.", then I would say you're arguing with a 5-year-old. Stop trying distill larger, perfectly valid points into a little irrelevant cliffnote that you then form a rebuttal around. We're not talking about something subjective or up for much debate. They don't like a basic tenet of the country they're living in. Leave?
(misspelled tenet)Edited by Kaldari - 7/8/13 at 12:14pm