NLXSK1
Well-Known Member
Your question is why should CEO's make so much more money? The market place decides. When sports were small and in their infancy the players made shit. That was because the crowds were small and the income was low. As time has moved on the crowds got much bigger, the revenues increased and it fantastically increased the salaries of the players. The graph would be amazing!!! What does it really mean though?Please stop skirting the question.
In a corporation, public stock is issued and people buy it. Then, they buy or sell it based on the profit that stock generates. Companies compete to bring in the most revenue and their boards of directors hire and pay CEO's according to their supposed abilities. I do not presume to tell them how to run their businesses or make their stock holders happy.
On the flip side, voluntary contracts are made between prospective employees and employers who offer jobs. There is no coercion nor force taking place.
You suggest that the numbers make you unhappy and some sort of involuntary coercive force be put in place to punish these CEO's in favor of the employees. I am not in favor of it base on freedom and choice.