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When a man tells you that he got rich through hard work, ask him whose.
- Eric Reguly
Upvoted, but also PSA:
Focusing on CEO salaries establishes a goal that shareholders can easily (and moreover want to) meet, but it’s the shareholders themselves pulling the strings who must be held to account.
Yes, some CEOs are majority shareholders as well, often those one can name, but they are the exception. Most CEOs are outside hires meant to oversee and take responsibility for a specific agenda (e.g. mergers, layoffs, rebranding initiatives, etc) and the list of CEOs far exceeds that of the actual 0.1% who are toppling democracies and poisoning wells.
Most importantly, shareholders love it when you blame their CEOs for stuff, because they’re paid for that: to be disposable liability magnets. The golden parachutes are hazard pay, an indication of a job well done. Please do pay more attention to the man behind the curtain.
The outside-hires-CEO model is what led to “locusts” imo: CEOs that prioritize short-term profit (usually layoffs) no matter the long-term costs, so their golden parachute gets bigger, and then moves on.
Second PSA: if you want to find the evil, look at the consulting companies. Shareholders benefit, consulting companies like McKinsey come up with ideas like layoffs or return to office and convince shareholders across the board it will make money
If they keep feeding him, maybe one day they’ll be as rich as he is.
Or even better: pizza party!
But if we dismantle the system of everyone feeding him, then I won’t get the same treatment when I’m no longer temporarily embarrassed after my garage tech bro startup takes off! (This is sarcasm.)
What is this genius artwork and who dunnit
I think this is “Gargantua” by François Rabelais
We need cooperatives
If CEOs really were this large it prolly would be justified to pay them more. This dude prolly eats $10,000 food a day
Gulliver, isn’t it about time that you maybe… maybe went home?
Does this look like a man who had all he could eat?
That could have been me!
Doin my part paying tariff fees to make sure that bonus doesn’t drop at all too! We all gotta chip in.
