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vernon99 | 1 year ago

I’m kinda glad that the actual definition of “deserved” is determined by the market and not individuals, and this is a good example of why. Your argument is essentially capitalism vs. anti-capitalism. While I’m all for supporting various alternative models, usually anti-capitalist folks don’t suggest anything specific, except maybe government interventions to cap CEO salaries or something like that – which is clearly just a bandaid and still leaves a bunch of loopholes.

> I personally can tell you that if I were a CEO, I would not be able to sleep at night if my company's revenue, profits and valuation are booming and I fire tens of thousands of people for no other reason than because I can and it will keep costs (that the company can easily afford) down.

No shareholders in their right mind would hire such a CEO, so your chances are pretty slim.

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