Sure, the boss of bosses should make more that the average worker, but 300x-500x more? Rationalize about "bringing value" as much as you want, but if this class division continues it will not end well for the rich.
What you’re looking at here are CEOs of the top 500 companies..of course they’ll earn much more than the average.
I don’t see anyone complaining that Beyoncé gets millions of dollars per performance while the average musician earns pittance. It’s the same here. It’s news orgs chasing clickbait to make money from the naive and perpetually outraged.
It would be a legitimate position to take. The system sustaining Beyoncé revenue is approximately the same one which is used to justify star CEO revenues.
The interesting question isn’t is it expected that top CEO will earn more than average CEO anyway. It’s why has the gap between the salary of top CEO and their average worker grew so much in the past 50 years. It’s a legitimate question to ask.
Ah yes. The "system" of buyers (music consumers, corporate boards) choosing to buy or not to buy things at the prices the sellers are willing to sell them at. What is your remedy for this?
I personally feel perfectly fine with strongly curbing the free market with legislations. It’s not the be all end all nor is it working particularly well.
Mass media geared towards easy entertainment successfully erased decades of effort into educating the workers and creating structures to give them a voice. I personally view the entertainment industry as fully complicit in a general dumbing down of the population. Should we applaud the opium peddlers in the name of the free market?
I just wish discussion here in the states had inspiration from concepts that work, instead of these false dilemmas we have to pretend to choose between. Well, the saddest part is that you all aren’t pretending, you don’t know other options aren’t being presented.
I earn a bit above median and have no aspirations even for a lower management position.
I see this stuff and to me it seems like either jealousy or white-knighting. A lot of people protesting these CEO pays seem to want to see the rich make less much more so than they actually want the lower class to make more. And the "it will not end well for the rich" polemic just confirms that assumption to me.
and you are saying that would be a bad thing? Seems hard to say that would't make for a better society.
I never got that impression, but articles i read could differ from those you read here, of course, giving different impressions.