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by here_you_go 4245 days ago
Why?

Because

a) it's profitable, and

b) they can. That's all, really.

Excessive money (== power == domination of your peers) corrupts everybody. We don't need any new studies to prove this.

That's the sick part of our economic culture - the "natural" tendency of concentration of money/power (instead of spreading it as equally as possible).

2 comments

In other words... capitalism.
Efficiency. Its not Tim Cook's or any middle manager's personal money, it's the money of the shareholders. Besides, overpaying drives all salaries up and can spark a wage war between companies that only benefits the employees.
>Besides, overpaying drives all salaries up and can spark a wage war between companies that only benefits the employees.

Sounds like a great idea!