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by deepsun
969 days ago
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> Employees risk a lot more than most stock holders by working for a company. Uhm no? You apparently never been a business owner. Employees get their wages, and even can legally enforce them.
If a business go down, owners eat the losses and envy their employees. I've been on both sides. Being a business owner is much riskier. |
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Is the risk high enough to justify the ever-growing disparity between owners/C levels/investors/etc and the employees that get the work done?
What with all of the bail-outs through history, running an especially large company seems pretty much riskless. And hell, if you look at the history of technology, say games and game consoles (because I like retro games) the number of times a hugely successful product/project that netted 100s of millions of dollars was "not allowed" by the CEO etc but was hidden until it was too late (see Xbox etc) is super high. In addition to the number of decisions made by higher ups where the business swallowed a loss (particularly easy in larger businesses) is also high.
Imagine if Bill Gates and Steve Balmer hadn't been convinced/swayed to make the Xbox. How much profit has MS made from that? A fucking shitload, and have the guys that pushed it, or for that matter anybody in a similar situation (of which there are many) ever seen any of that success? No.
And we can't say "well the CEXs have the final say because they take on all the risk" they do, technically, but in reality when C levels screw up oftentimes it's just taken as a loss and things move on.