Saturday, July 2, 2016

Executive Compensation And The American Aristocracy

                In Japan, CEO's and top management are not like the often rapacious CEO's of American corporations. Japanese executives do not receive ridiculous salaries and benefits completely out of proportion to what their workers earn. In the United states, executives and other privileged people pay themselves as much as they can get their hands on. While many people struggle to pay medical bills and the premiums from incredibly inadequate, unaffordable medical insurance plans, executives of some of the medical insurance companies are paid more in a week than many workers earn in a lifetime.
                Added to all of this is a taxation system that makes sure the rich are favored, and the hell with the middle class.
                  Executive compensation has ceased to correlate to reality. It is all about creating and maintaining an aristocracy.
                 

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.