this post was submitted on 17 Aug 2023
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This is the problem with capitalism. The workers do all the work, but the "owning" class keeps all the rewards of all that work.
I don't agree with the size of the wealth gap between owner and regular employee, but I don't understand why people think the heads of these companies - and I'm talking the ones that started them from nothing - did no work or continue to do no work. It's pretty ludicrous to think that the low level employees at Amazon are doing "all the work." Are they doing all the grunt work? Yes. Is their job the most physically demanding? Yes. Are they underpaid? Yes. But to pretend like the owner does nothing is just so idiotic and shows a lack of understanding of what goes into running a massive organization like amazon.
There definitely needs to be reform. I don't even think taxation is the way to go, I think putting laws in place for higher wages is key.
Yes, bootlicker. Totally right... But in actual reality: What are you talking about!?
I've met and worked with C Suite, Executive, and Officer-level employees... They do as little as you think they do. Unless they're a results-focused executive trying to turn around a failing business, their impact is... very little, in fact. Yet they make 100+ times what you or I make, every single year. It's not fair, it's not logical, yet it is one thing: corruption.
There's a very high difference between the people you're listing and someone who runs a company from the ground up. There's definitely corruption, we can agree on that, and yes, too many executive positions held by MBA grads who have never done anything but be an executive.
I highly doubt that owners of large companies actually do a lot of work, even for massive organizations. The corporate web is highly complex, and it's kind of impossible for outsiders to know how everything works internally, but judging from how many management positions there are, and seeing how much free time they have judging from their media presence and them having enough time to go to space (which requires training might I add), it's hard for, at least me, to see how they do much of anything besides speaking in events, owning the means of production and occasionally using their money to expand the company.
Again, it's hard to tell with these companies being secretive and this large, and maybe the owners do a lot more work than I'm giving them credit for. But from the various stories and their media appearances, I have my doubts.
quiet shill