Quote:
Originally Posted by wittynickname
I think there a lot of grey area between a state-controlled economy and an unchecked capitalist economy. Is it okay if CEOs earn more than their lowest paid employees? Absolutely. Should they be making 200+ times what their lowest paid employees are making? Absolutely not.
That's where the state should step in and prevent that kind of inequality. For example, since 1965, the ratio of CEO pay to average pay has skyrocketed. Where CEOs once made 20x what their workers made--now those CEOs are making nearly 300x what their workers are making. How is that fair?
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It's fair if it's 300 times more difficult to find a good CEO than it is to find a good production line cog. If you are not happy with your lot, go get an MBA and become a CEO.