this post was submitted on 27 May 2025
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Perhaps neither of these should be for profit companies?
Absolutely, but even the most generous of non-profits have to pay their executives something
It doesn't have to be ridiculous multiples of the lowest pay.
Why?
Executives are paid a lot just for the lols.
I can't recall a single big company CEO that actually warranted the big paycheck. There are some very capable people, but even still.
Public utility doesn't need any risk taking, other than some investments into possible new technologies, but they just need to maintain the existing infrastructure and build new one according to plans.
I didn't say they deserve the big enormous paychecks. But they do need to be paid. They still have bills that need paid and food to put on the table.
I'd be okay capping it to like 2x the median salary at the company. But if we leave it up to a vote it'd be $0/year because of people like you.
I would suggest paying everyone the same. Janitor, CEO, doctors, etc.
If everyone has the same money, we will be equal. Ideally even people who can't work.
And stop producing wasteful shit. Stop advertisment, that alone would change the world for the better. Stop capitalism while we're at it.
And give everyone the same baseline quality of life until we can guarantee it for everyone and forever.
Then we can talk about who gets paid more.