On 05 Dec 2005 17:36:25 EST,
user@domain.invalid wrote:
>CEO salaries for what they really do make me sick and is hurting the
>creativity in the US. I am really surprised that not very many CEO get
>killed from upset employees. CEO's salary should be no more that ten
>times the average of the working employees which is reality is still to
>high but at least would cap it somewhat and would also increase at 10
>times the rate of the working employees.
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I agree they make an obscene amount of money. What is it? Three
percent of the population controls 90% of the wealth? Still, while
there is no doubt they make far more than seems reasonable, when you
begin to cap salaries, you violate the premise of free enterprise. And
if you can cap a CEO salary, why not a worker's wage? Then, as long as
you are at it, restrict everyone to "from each according to his
ability; to each according to his need". The Soviet Union would write
a glowing testimonial to the concept. It comes down to whether the
shareholders are willing to part with that much in profits in order to
reap the share they do. They are the ones who control, in most cases,
who the CEO is and how much he/she gets paid.
--
Spike
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