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RE: Golden Parachutes

in #goldenparachutes6 years ago

Hello!

This is the first article of yours that I've read, and I couldn't agree more. The inequality between "grunt" compensation and these "elite" executives is pure madness.

These individuals get paid unreasonable amounts of benefits, and generally; don't suffer for their poor decision making and lack of foresight.

It's a disgusting social construct, and a race to the bottom for everyone else.

I dislike capitalism.

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While I agree that their compensation packages being immune from their own performance is awful, what's the issue with capitalism?

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The erosion of conditions (whether that be terms of employment, or the quality of items) all in the name of making a buck. There's efficiency, then there's ruthless cost cutting that in the long run poses a large environmental, social, and ethical cost.