Can someone please tell me why the fuck CEO's make so much money...

Can someone please tell me why the fuck CEO's make so much money? They never seem to ever be doing any hard work and it doesn't make sense that they make so much doing so little.

because only poor people think hard work is something you do with your hands.

I guess putting their company into a position that allows them to pay themselves that much isn't hardwork.
I forget that scanning items at Walmart requires such intensive labor and decision making that they deserve 25 dollars a second.

naturally one would assume that all there needs to be done is to become the CEO of a successful company
oh wait, that requires effort

>rich men always depicted with top hats
Only an un-gentlemanly pleb would depict them as such.

CEOs either own a company or own a large stake in its stocks. They make executive decisions like approving or disapproving an ad campaign or a new product of theirs.
They do a lot of work, with a lot of expensive shit on the line. That's like saying that a DMV worker should get payed the same as the fucking POTUS

The CEOs at my company work fucking hard. One of thems been doing over 12 hours a day for the last 3-4 weeks. You mad cuck ? How many hours did you work this week? Bitch

They either own the company (and are therefore entitled to its profits) or they have been selected by the shareholders to make them more money and are therefore compensated greatly for doing so. Yes they don't seem to be doing any "hard" work but they do still have a job.

unforuntary with the good comes bad also. many people make money from nothing, which is good freedom, but many people make money from connection and family, which is no good.

if you create something valuable, you deserve money. some guys just sit back and collect check though.

Because the free market sets the value of their labour at that price you pinko faggot. Embrace it.

work for 3 weeks, and buy a cow.

it'll pay itself off in 2 years.

Big deal. I know people that have been doing over twelve hours a day for 3 to 4 YEARS.

Well the CEO's boss is the board and the shareholders. And to them, $20m/yr is a round-off error. A few extra million in executive salary is worth it if you get someone even 5% better than the other guy, because the rise in the stock price will be more than you paid him. So there's a strong premium for the very best, and companies bid each other up for executives.

The problem with that logic is that it basically tells low wage earners that they are worthless. While this may make you feel better it ultimately encourages revolutionary behaviour among the lower classes.

but who was homogenize?

potus makes a relative shit salary.

>it's so hard going to meetings and dressing nice and playing golf with other rich fucks woe is me, the humble hardworking CEO

Revolution when?

>They never seem to ever be doing any hard work and it doesn't make sense that they make so much doing so little.

I'm not saying they deserve tens of millions in compensation, but if you think they sit around twiddling their thumbs all day doing nothing, you're a moron of the highest caliber.

They get paid what they do because the board of directors and shareholders think that the value they bring to the company is greater than their compensation. Same reason anyone within the organization gets paid.

Perhaps it's because they fucking are worthless
Figuratively anyone can flip burgers, and soon it'll be automated.

>implying low wage workers aren't worthless

Oh wow gollygee why don't you just suck their fucking cocks then, faggot?

>Figuratively anyone can flip burgers, and soon it'll be automated.

Correct, and this development has not been received well by (intelligent) policy makers who worry about the sustainability of the capitalist system.

If it's so easy why aren't you doing it?
>inb4 morals
>inb4 muh inheritance

>implying society could function without low wage workers

>Start a company by putting a bunch your wealth and property on the line
>Do well
>Grow
>Earn more
>???
>Profit

Actual business owners can tell you it's tough shit, especially in the beginning.

>20160.00/hr
>38,707,200/year

before taxes.
something tells me the average ceo doesnt do dat

also, isnt the net worth of jk rowling like 150mil?
why arent liberals asking for their precious holy cows to be slaughterd?

Because the board of directors decides CEO salaries and CEOs sit on each others' boards of directors. It's a giant circle jerk.

But, please, cuckservatives, keep pretending it's some invisible hand that sets everything right.

WEALTH IS NOT A ZERO SUM GAME

if a corporation doesn't generate wealth, NO ONE WILL GET THE MONEY OTHERWISE.

jesus fucking Christ, you're retarded

They run the business, they get the revenue. Aside from laws already in place they should be under no obligation to pay any higher than what they want to.

Because we let them. But they own the militaries, we can't do anything.

If it wasn't for the CEOs, most of the minimal and median workers wouldn't have jobs.

CEOs are responsible for huge amounts of money. Not only that but CEOs are responsible for massive amounts of people. Every decision they make isn't just effecting them, it's effecting everyone who works for them, which could be hundreds to thousands (to hundreds of thousands) of people.

Honestly this is the reason I see no problem with a mandated universal income. CEO cucks will defend their wages no matter what, but with automation there needs to be a way to get the wealth to trickle down. Reagonomics has only made things worse and there needs to be a way to stop these corporations from getting away with it.

You really think that McDonalds can't afford to pay their workers 20 an hour? Pro tip: they can, they simply choose not to. This is the failure of capitalism and something that anarcho capitalists need to own up to.

In a global economy it basically is. A company can easily reinvest profits far away from their origin. For instance, while Europe and America have been stagnating the Chinese economy has been exploding.

>never seem to ever be doing any hard work
i got a short tour of tesla's factory in Fremont once, and i can tell you that's absolute fucking bullshit
Musk apparently works between 100 and 120 hours every single week on both companies, and that's just time he gets paid for. he's been known to answer emails at 3:30 AM while everyone is still asleep.

why are you whining about not getting paid much if you just want to work for 38-40 hours and go home while the CEO is literally camping in his own building due to time constraints not allowing him to drive home?

people make minimum wage because they are too dumb or lazy to make more than it or save/invest their money

>Can someone please tell me why the fuck CEO's make so much money?
Because you let them.

They do more like fourteen hours cucko. I do 12 hours and they're here before and after I leave. Working at mc dicks for 12 hours a day for 4 years is just stupid

Musk is a con artist who uses government grants and financial jewry to run his "businesses." He is a bad example.

>>You really think that McDonalds can't afford to pay their workers 20 an hour? Pro tip: they can, they simply choose not to.
Labor is about 30-40% of the total costs of a typical fast-food place. Double that cost and over half of all franchises would lose money.

Which means they close, and now you have a few workers making more than they were, and a lot of other workers with no job at all.

That's not an argument.

>WHY DON'T THE POOR JUST MAKE MORE MONEY

People get paid according to the amount of value they are likely to create.

This

...

>muh USSR
Russian "revolution" was a farce.

Except what actually happened in real life was explosive wage growth and a decades-long rise in the standard of living in the USSR, as well as a meteoric rise to international prominence and power after Russia being a joke empire for the past few centuries.

The stories and information posted here are artistic works of fiction and falsehood. Only a fool would take anything posted here as fact.

Aren't most CEOs just stockmarket faggots who have entire teams of execs doing all the real work? Don't they support the global Jewry and fiat currency manipulation that makes wages low and debt high in the first place?

Aren't they the kinda kike pieces of shit Sup Forums wants to see hang?

>government grants
spacex is running off NASA/USAF/USN/ contracts, which any company in the country would be eligible for if they could actually show off a platform. they are also running off commercial contracts which are exactly that, commercial contracts. the government isn't involved.

tesla isn't getting federal government grants, they're getting tax reductions (aka if you buy a model s you might get 5% of the car's worth off in tax for being a green little goyim) and state funding (do you know how many states want a gigafactory supplying 3,000 or more high skill jobs nowadays? they'll throw millions at it)

solarcity is running off investor capital, solar grants (again, the feds love you for being a green little goyim) and redistributed portions of already paid fees for the panel installations

>financial jewry
not really considering he drove his entire ""empire"" to within an hour of complete and total bankruptcy just to get it all to work during 2008

he's not a con artist, he's realized what the feds want and what he believes humanity should have, and he's dedicated his entire life to it.

work != value

That means they're dumb but that doesn't mean they aren't important
Do you think garbage trucks drive themselves?

I think the real reason is just how people value things. We're completely fine with most people making a small amount of money, then ask why can't we 'give' them more when the whole system is designed so that they provide more value than their worth by design.
So you're basically asking the company to sit at he end of their profits and tell them that they need to spread those profits around more, which absolutely no one in government or around the world disagrees with.
Its just a matter of 'how much profit should the people behind businesses be allowed to keep'?
You're crazy if you think that they seriously think that just eating the rich will save all the poor people forever. It will end the nation in a day.
Rich people keep everything running because they allow banks to let poor people spend money they don't have. Thats why America is the 'richest' nation, we own things of actual value and sell things that have less value.
Ask yourself why America is sitting on more oil than Saudi Arabia, better oil too, and isn't exporting it.
A controlled market is better than a market for any single group or industry. Berniefags want you to believe that some magic looting of the rich will fix the issues that face the poor when personality adjustment and financial decision making has a better track record.

Dunning–Kruger effect, just because something looks easy at face value doesn't mean it is.

>it's a "liberal cuck thinks CEOs sit at their desk all day smoking a cigar and laughing while a hot girl sits on their lap" episode

I work a trade and actually enjoy doing something that has value for people.

>They never seem to ever be doing any hard work

lol check out the retard who can't into Commerce or an MBA.

Furthermore, aren't they the same shitstains who lobby for increased immigration which further drives down working wages, and when that's done, outsource jobs to foreign countries, leaving millions unemployed?

Sure, you get the odd good one like Trump who wants to pay it forward, but even he admits to playing the game and exploiting every loophole possible to ensure his company was the best.

I'm not saying it's bad for them to make a lot since starting a small business from scratch and having it turn into a multinational giant is fucking hard work, but don't you agree they wouldn't be half as rich as they were if they weren't such kike-loving globalist faggots?

The problem is that there are so many people who can't do anything else that they will never earn shit.
You have 1000 people to hire for a job a monkey can do. Who do you choose? The person willing to work the cheapest or the person demanding 30 dollars an hour to be a human scan machine.

This. Most CEO's basically already have a team of people working under them. They basically just have to overlook what they do and sign the doted line to give their approval. People that actually believe CEO's do any real work are not being forthcoming and honest. In the CEO game it's more about who you know rather than what you do.

also as another note, the only reason Tesla and Solarcity aren't progressing as fast as SpaceX is because SpaceX is privately owned, while tesla and solarcity have investors.

musk drives Tesla and Solarcity as close to the brink as he can manage, and he's apparently already nearly driven spacex into bankruptcy multiple times just to get falcon 9 and falcon heavy going

he's going to ramp it up into overdrive once the MCT gets unveiled.

You wouldn't even have a job if somebody didn't hire you, genius.

>the whole system is designed so that they provide more value than their worth by design.


Fuck off Marxscum.

>>Except what actually happened in real life was explosive wage growth and a decades-long rise in the standard of living in the USSR
Why, then, was Boris Yeltsin so shaken in his faith in collectivism when he visited the US in 1989, where he saw an ordinary grocery store full of a huge variety of products? His own people didn't have that, and had to wait in long lines for basic staples, if indeed there were any to be had. Why did just seeing what everyday people got from capitalism destroy a great socialist leader's faith in socialism, if it was so great at raising people's standard of living?

Please keep pretending that socialism works.

Instead of raising the minimum wage why don't these cunts just start their own business? If it's such an easy job being a CEO then why don't they have at it? Oh right that requires hard work and ingenuity. Wolf and sheep, dicky boy, wolf and sheep.

Right? I work in a lumber yard and make 17/hr working 10 hour days. As long as you're up for the hard work, the reward is in for you.

would a wealth cap fix things?

Governments would cease any additional wealth that exceeds a certain margin. For example 200 Million. That excess would stack in a reserve that would still belong to the owner but not be allowed to do anything with it. The owner decides what to do with it and the government would either approve or disprove.

The commies are wrong about the solutions (lol no private property, totalitarian dictatorships etc.) but the system in its current form is most certainly rigged. The biggest companies get in good with government to make sure smaller ones can't get anywhere, and both actively work to fuck over the working man by supporting immigration and outsourcing valuable jobs.

Capitalism is fine. Government-sponsored capitalism is a nightmare.

>Why do people who get to choose their own salaries get high salaries?

Transitory market bubble. Value of CEOs is currently perceived as very high in the sort of social groupings frequented by boards of directors, just like rare pepes in the sort of social groupings you and I frequent. As long as boards of directors believe in the Great Man theory of success, they will pay inflated salaries in the hopes of luring a Great Man.

I live comfortably with a lot left over on $15/hr and I live in a decent sized apartment in a city. No public assistance needed or used because I live comfortably within my means.

If the market is forced to pay an arbitrary, artificially mandated price for labor, profit margin goes down and unemployment goes up.

Google "price floors" and educate yourself.

I don't make as much as CEO guy in the image but I do own a medium sized company which I inherited from my father and all I had to do was hire a guy to manage it as I collect profits Really I only work about two or three days a month and make quite a bit.

>1989
Literally 60 years after the revolution. The USSR stagnated due to political failures. If there had been a less repressive and more agile democratic government it would have been far more resistant to stagnation.

You're confusing the political failings of the USSR with an economic failing. A poorly managed economy will always fail no matter its structure. Think before you post.

>would a wealth cap fix things?
>would giving the government even more power over what a person makes fix things
Here's an idea: cut taxes, make it harder for foreigners to get in, and nationalize key industries.

You'd have even less workers making even less because there are thousands of experienced fast food workers looking for work.

The thing about corporations and CEO's too is that they are not liable for anything they do. They add fuel to the fire by sending all their money overseas and hoarding it instead of actually spending it and contributing it to economic growth.

The argument for universal basic income is this: if you redistribute the wealth to the actual people, they spend that money right away and it recirculates into the economy and passes through more hands. If you eliminate the universal basic income you basically lose all that money to offshore accounts and tax loopholes and you will never see it again.

Nice dubs

The irony from your post though

>t. someone who lives in the midwest

Don't deny it. I make that much here in Seattle so I know how far that goes.

Where's actors and professional athletes on that list? The CEO is an employer.
>$20,160.00/hour
KEK

It's amazing how much people will pay for fucking nothing.

>Gallon
here you go with your retarded measuring systems again

>would giving the government even more power over what a person makes fix things

Why would this even matter? it would only affect 0.44% of the entire population and the rich remain rich. Everyones fucking happy.

long story short: because they invested capital into the means of production and extract the surplus value generated by those who trade on their labour. The more efficient the organisation the more surplus value can be generated.

In a freer market, jobs are not an issue. There are usually more jobs than there are people. At that point businesses are competing with each other for labor, thus raising the wages of employees. The solution isn't more government price controls of labor, or more restrictions on what/where/how businesses can sell their products. The cost of simply starting a business has more fixed costs than they did in the early 20th century due to the burden of taxes, regulations, permits, zoning laws, etc. which means less people can afford to just "try" a business idea. Just try setting up a lemonade stand on a downtown street corner and see how long it takes before you get a citation or completely shut down because the government thinks your going to try and poison people with a shoddy product. It's fucking ridiculous, but this is what we've come to in America at least where people think that these regulations are in place to help people, but don't see the short term costs or the long term damage. And then they blame their wage stagnation on the greed of greedy CEOs and not government removing incentives to establish a business.

>irony
They're showing contempt for the mark of a gentleman, thereby outing themselves as a plebeian.
Find me an image of a top hat wearing rich smug from the last 100 years.

What do you think a CEO does, sits on a pile of money with his thumb up his ass? He is the reason the workers make ANY money to begin with.

>If there had been a less repressive and more agile democratic government it would have been far more resistant to stagnation.

Would have been impossible. Centrally planned economies necessitate some form of authoritarian rule, which in turn usually prevents any sort of civil society from forming, let alone function.

This is America. Get the fuck out of here with those retarded ideas. Should we also have a mandated cap on the number of cars you can purchase? Should we have a mandated cap on the amount of tv's you can sell on any given day?

Conservatives generally think that raising the taxes on workers and lowering it on the top earners (CEO's) will increase the wealth of that nation. Funny thing is though, last time I checked, CEO's themselves do not create any type of wealth. The wealth creation comes from middle income families that work the long hours and actually use their hands to create the goods and services that everyone enjoys. I am for more of a flat tax but I think CEO's that send their money overseas should be punished in some way they are never held liable.

that's about three large whiskey bottles.

I remember learning about limited liability in one of my upper uni classes and it made my fucking head spin how people could be so stupid.

Also, if you enforce universal basic income, you'll just have large companies moving abroad and you lose everything. Same goes with raising corporate taxes too high.

t. has no idea what CEO's do on a average basis.

This is a joke, right?

D.

edit: obviously this only applies if the CEO owns the company, if we're looking at joint stock companies, it'll be because the board of directors/share holders believe the CEO generates more value than they cost

>Why would this even matter?
Because I don't trust the government to spend the money wisely, because they don't.

It's because they are able to set their own salaries and are greedy. For example, Japanese CEOs are in the same position but pay themselves less because of how their culture over there frowns upon excess.

Others here will argue that CEOs have responsibly which entitles high pay, which is a valid argument, but we are talking about excessive pay. The two ought not be conflated.

no argument detected.

Well, you should be grateful that your father did so much work for you.
Because getting to that point probably wasn't the easiest thing in the world.

>a
>fucking
>red austrailia
Try doing it backwards.

>Also, if you enforce universal basic income, you'll just have large companies moving abroad and you lose everything. Same goes with raising corporate taxes too high.

This. The only way it could work would be if you had a one world government in place that could enforce the policy world wide. Fortunately it looks like capitalism is already creating one for us, though of course it doesn't look at all like a good thing at the moment.

>Chinese economy has been exploding.
If by exploding you mean they are about to have a crisis that is going to virtually bankrupt the entire country. Yes they are exploding indeed.