They allowed a group of psychologists to test for psychopathic...

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darkroom

3,979 Posts.

29/10/16

00:38

Post #: 20216645
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Originally posted by Copperbod ↑

"That's right. Effort should be rewarded. That's not to say that the exorbitant pay rates of CEO's, celebrities, sports figures, etc, is justified. Salaries should be capped at reasonable multiple of the average wage, as well as setting a reasonable minimum....significantly higher than it is now."

I'm waiting for the day when a genuine highly skilled CEO of a large public Company, stands up at a shareholders' meeting and declares he will only accept as remuneration a maximum 5 times the Company's employees' average wage and donate his share options and the rest to a fund to purchase shares in the company that can then be bought at a discount determined by their relative pay rate, by other employees.
He will of course later announce his resignation "to pursue other interests" ... and will end up on the dole since no one will give him a job.

Most business's with the exception of a few private companies, are run by self serving narcissist Management and boards that are an incestuous "mates" pig trough.
That's the good ones .. the others are run by sociopaths and psychopaths protected by "Corporate Lawyers".

The amazing thing about the "exorbitant pay rates of CEO's, celebrities, sports figures, etc, ..." is that this is accepted as OK by so many. The recipients themselves you can understand ... but why so much agreement from others ?

Apart from that it's all good ... but only if you understand and practice the biological necessity to engage with Nature on her terms.
To look for balance, wholesomeness and natural justice in Human society is a recipe for disillusionment.

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They allowed a group of psychologists to test for psychopathic tendencies of the major decision makers in a number of Wall St firms. The ones that caused the GFC and they found the number of psychopaths way above what might be expected. Basically they don't care, they don't have much empathy or are able to connect the dots of the misery they caused. The GFC just meant new opportunities for them.

CEOs make their way into the position supported by and firewalled by likeminded people. It becomes a fiefdom of unmitigated greed. I did the maths on a CEO for one of the biggest ASX listed companies and he made more money than the average weekly wage of his employees every time he took a 10 minute dump.
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