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by c4wrd
1288 days ago
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This is a mischaracterization of why CEO level pay for most companies is higher than the lower skilled workers. It’s supply and demand. The skills required to be an executive at a large company are very hard to find, so companies need to compete with each other for the small supply of candidates that are eligible for the job. Obviously there are exceptions to this, especially in tech and finance, but it’s not as simple as “they are paid more because of a title”. There’s a lot of responsibility and skill required for those positions, and most people do not have the ambition, drive or resiliency to survive the stress induced in those positions. I believe over time the problem will be less of an issue as general intelligence in the population rises due to more open access to knowledge. Unfortunately we live in a world where some people have significant advantages, either environmental or genetic, and not all people are equal. I’m not arguing this is the right answer, but rather would you as a nation like to capitalize on your talent and give incentive to those few advantaged to rise to their level of competence? Or would you rather treat everyone as equal, let talent go to waste, and become stagnant? The rising tide lifts all boats, and that can be shown by the fact we’ve nearly eliminated poverty in the last 100 years, which is not celebrated enough. Nearly all low-level workers in America have access to food, housing, water, and even cell phones, and we take that for granted. |
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