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TopicShould CEO pay be capped
adjl
09/15/20 9:01:37 AM
#31:


Joker_X_II posted...
The punchline here is that people who think it should be capped are most likely wage-cucks who'll never see that kind of money in their lifetime.

it is a pretty safe bet that most people expressing literally any opinion will never be as rich as the richest 0.1% of the population. That's a little too tautological to be a particularly meaningful statement.

Joker_X_II posted...
But if the positions were reversed, they would do anything and everything to keep their money.

Eh, yes and no. Personally, I really don't care about being a billionaire. That's just a completely unnecessary amount of money. If I were to magically win a billion dollars overnight (ignoring the economic ramifications of such shenanigans), I'd give most of it away because even just $5-10 million would be more than enough to live comfortably on for the rest of my life (note that the salary caps being considered are intended to prevent people from becoming billionaires, not millionaires). In that regard - the strictest interpretation of "if the positions were reversed," no, I wouldn't try overly hard to keep the money.

However, if we're talking about earning the money more gradually, things get a bit different. It's because I don't care about being a billionaire that I will never become one. Conversely, if I were to become a billionaire the non-magical way, I would have to care, and caring would entail fighting tooth and nail for every dollar I could get my hands on. In that sense, yes, I'd be doing everything I could to keep my money, but that's less a reflection of my personal greed and more the simple nature of what one has to do in order to become a billionaire. Quite simply, I would never end up in that position without adopting such a mindset.

In that latter regard, your statement isn't wrong, but it makes some fundamental assumptions that prevents it from accurately assessing my character. Again, we run into tautology issues: If I were a completely different person who cared enough about becoming a billionaire to maximize my income at every turn, then I'd maximize my income at every turn. That also isn't a particularly meaningful statement, especially for the purposes of describing my (or others') current personality and values.

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