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by bigoof 2547 days ago
The article mentions that CEOs make 300 times what the typical worker makes. Do they provide 300 times the value to the company? In most instances, I think probably not. However, I would say the amount of responsibility the CEO has is in excess of 300 times the average worker. That responsibility must be worth something, and I think this could justify fat paychecks even in noncompetitive markets.