RT @rbreich
“We can’t afford to pay our writers more.”
Meanwhile, media company CEO pay is through the roof:
Netflix CEOs: $51M & $50M
Nexstar CEO: $39M
Warner Bros. Discovery CEO: $39M
Comcast CEO: $32M
Paramount CEO: $32M
Walt Disney CEO : $24M
AMC: $24M
Fox Corp CEO : $22M
Hello?
Does anyone know hot they justify such high wages. I know they get things like stock options and bonuses. But how does a board of directors on behalf of the shareholders, the people that are supposed to be making mo ey for, so ok to that much money. CEOs absolutely cannot provide that much justification.
The dominant view of workers is not that they create value, but that they are an expense that should be cut whenever possible to allow for the profit to go to the capitalists. They don’t have to justify it, because fundamentally they believe that all of it is theirs. Rather, it means that anything that increases costs has to be justified to them, because the default position is that they deserve 100% of every bit of wealth created.
Because they are the same people, or friends, or relatives. They belong to the same social class so if they themselves deserve the wages then the CEO:s do the same…
Does anyone know hot they justify such high wages. I know they get things like stock options and bonuses. But how does a board of directors on behalf of the shareholders, the people that are supposed to be making mo ey for, so ok to that much money. CEOs absolutely cannot provide that much justification.
The dominant view of workers is not that they create value, but that they are an expense that should be cut whenever possible to allow for the profit to go to the capitalists. They don’t have to justify it, because fundamentally they believe that all of it is theirs. Rather, it means that anything that increases costs has to be justified to them, because the default position is that they deserve 100% of every bit of wealth created.
Thank you. That is a wonderfully written. It puts things into perspective.
Because they are the same people, or friends, or relatives. They belong to the same social class so if they themselves deserve the wages then the CEO:s do the same…