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user-inactivated  ·  1981 days ago  ·  link  ·    ·  parent  ·  post: No one should be a billionaire

I feel you for the most part, especially on the role of investors and externalizing costs.

McDonald's, the way it's run as a franchise is a bit sticky, but let's pretend it's like a more conventional company as we understand them. If the CEO got the additional $19 million through bonuses and the average worker got $0, would you consider that to be fair? I don't think however it's sliced, I could. Without the people making the food, running the registers, keeping the stores clean, McDonald's as a successful business wouldn't exist and the CEOs and shareholders would not be able to make any wealth.

Additionally, while they're different facets of the same dice and they play different roles, I don't think that CEOs and other corporate leaders are immune from the same temptations shareholders have to make decisions that have an overall deleterious effect of workers and the companies they're a part of in pursuit of wealth and personal gain.