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by Analemma_ 3433 days ago
This is... very wrong, at least if you're talking about CEO pay. Who decides CEO pay? The Board. Who is the Board? Well, it's usually guys who are CEOs at other companies. Boards have every incentive to make this pay as high as they can get away with, so they will get the same quid pro quo, and "society" has nothing to do with it.
1 comments

You're interpreting my comment too narrowly. I agree that the concentration of power is a big problem, in fact, the biggest. But most everyone is complicit, both through their actions and inactions. Nearly everyone is putting self-interest first and foremost, including most liberals/progressives. We are complicit when we vote for people like the Clintons into power to represent progressive values. We are complicit when we take higher paying jobs at companies that put profit over people and society (and thus act behave just like those CEOs). We are complicit when we try to handsomely reward ourselves via SV get-rich-quick schemes building products that no one is willing to pay for except the advertisers who bombard us with self-serving messages in turn turning the web into click-bait, fake-news viral hell.

Also see my other reply.