this post was submitted on 14 Jan 2025
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I think you're missing the forest for the trees so to speak, the pay for CEO's is so disproportionate for the work they do compared to practically every other job.
The job for CEO's is to generate profit for the shareholders above all else, public listed companies are intrinsically flawed because of this and the structure needs to be changed so we aren't constantly bombarded with societal issues due to these fucks.
It doesn't matter about the metrics of individual CEOs the position itself is the problem.
Very good points, thank you. I don't even want to disagree with you too much. The system is the root cause of the problem. If I understood you correctly, we're in agreement on that.
However, while the system exists, having the right people in these leadership positions is important.
I recognize that many people in leadership positions receive compensation that seems insane compared to the value they contribute to society - or often even to their shareholders!
I just honestly still believe that it's incredibly hard to pick one person to lead a billion dollar enterprise. That's not a common task, I would assume. And being a sociopathic egomaniac is kind of the barrier of entry for these positions anyway. Could you pick the right candidate from a pool of people with those disorders?
Still, I hope we agree that this is systemic.