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I disagree 1000%

But this is mostly in Public companies traded in the stock market. Regular CEO’s don’t get paid that much.

Good point. Also , this is again, a case of the classic supply and demand function of economics. There is a reason why these massive companies are willing to pay big bucks to attract and retain CEOs. There is a very limited talent pool vs a huge demand for experienced and reputable executives out there.

BTW, Your NBA example is just fantastic, it’s a different league the CEOs are in than the average workers, they should be paid as much. Instead of being disgruntled at the pay discrepancy, one should seek to work and study harder to climb the corporate chain in order to get paid more.

Give me 10x a typical worker wage and 389 employees and I’ll bring more value to any company than a CEO

You can just look at the s&p 500 growth and see the bullshit. Stocks grow in value, CEOs get paid mostly in stock ergo compensation has increased dramatically. Most workers don't get paid mostly in stock and likely don't want to so the compensation gap increases.

>No need for humans at all in your dystopian scenario, apparently.I cited one of a dozen sources that disagree with you about what percentage consumerism has and continues to contribute to the economy, but please feel free to call it ridiculous instead of bringing facts into the discussion. “Automation can” is not “has”, but you do you boo. Been fun, have a good one.

The people who own AI systems will not replace themselves. And they will have no fucking scruples about knifing the rest of humanity in the back if they can get away with it.

So you agree the entertainment industry should not pay them so much right?

R&D is expensive. Plenty of failed drugs happen. You think mRNA vaccines just happened overnight? No, it's been decades of research, much of which resulted in failure. They were being researched back in 1980s.

https://www.nature.com/articles/d41586-021

https://cihr-irsc.gc.ca/e/52424.html

The reason most pharmaceuticals cost so much early on is to recover that r&d cost so they can continue doing research.

Now I am not trying to argue that pharmaceutical companies are never greedy or that they are somehow being fair with the pricing. It's just a bit more complicated than you are making it.

It's like saying instead of paying millions to these actors, why don't they pay less and give the money to pharmaceutical companies to fund the research so medicine can be cheaper for all.

Get those bootstraps ready!

Larry Ellison owns 42.9% of Oracle

No need for humans at all in your dystopian scenario, apparently.
I cited one of a dozen sources that disagree with you about what percentage consumerism has and continues to contribute to the economy, but please feel free to call it ridiculous instead of bringing facts into the discussion. “Automation can” is not “has”, but you do you boo. Been fun, have a good one.

Truth be told, I'd prefer a smaller truck. Like a Maverick size, but with a shorter cab and longer box. And RWD. And a V8. But since nobody makes such a thing, I have to settle for what I have.

Yes, a minivan could probably haul MOST of whatever I'd ever need to haul in my truck, but minivans are FWD and uh....don't look as good as an F-150. Now, vans DO exist that have RWD and lots of cargo space, but they're not any smaller than my truck nor do they look as good.

If a guy could get a RWD, 350hp+ V8, midsized SUV/CUV with 8 full feet of length behind the front seats and a nice flat load floor with rear seats folded down that also looked good, all for a reasonable price, I'd be all over it.

Edit: As it turns out, the new Ford Explorer actually is RWD AND it seems to be able to fit a full sheet of plywood behind the front seats. And it can be had in either 365hp or 400hp forms. It's just not a V8:( Very impressive nevertheless.

You are basically arguing you feel internships should be abolished because no company would commit to hiring them.

You are also ironically pushing the idea of everyone working from home so they don't need facilities staff which tend to be unskilled labor that is low paying. This would reduce unskilled labor opportunities and place a burden on the labor market.

So software companies would be allowed to have better compensated CEOs than say a 10 person mom and pop store that needs to hire part time college students as cashiers. Assuming of course the mom and pop store can pull in enough money based on the ratio.

Furthermore you are pushing forth the idea that a newly hired person at the lowest level should be paid the same as the person with multiple years of experience otherwise reducing the CEO compensation. This would ironically lead to infighting among the workers when new hires are getting paid the same as experienced workers but not being productive.

The ratio idea basically pushes companies to not want to hire inexperienced workers and want to outsource all unskilled labor. Those consultating companies will drastically increase the cost of everything and the production costs increases.

However it misses the biggest issue. You think it will give better pay to lower paid workers but in reality they're isn't any cash for that pay in most companies without increasing the cost of goods and services. Instead you are basically telling companies they can't give as much stock to their CEO and that's about it. Lower paid workers don't want company stock and they certainly don't want the value of their compensation to be based on company performance.

Memoir is nonfiction, so is True Crime. Why separate them and not other subgenres of nonfiction? Seems arbitrary, but I suppose you're tailoring your genres based on the number of books you read so that's fine I guess...

Distinguishing between Literary Fiction and Genre Fiction seems elitist and snobby.

Meanwhile you have SciFi and Fantasy as a single genre instead of the two distinct genres that they are, but they also both count as Genre Fiction, do they not?

In summary, the term Literary Fiction just pisses me off because who gets to decide what is and isn't "Literary"?! And then you have two genres squashed together, another genre that subsumes that two-in-one, and then a third genre that subsumes your last two genres. It all just rubs me the wrong way.

I hope you don't take offense, because none was meant. Maybe the graph doesn't work with a less arbitrary genre selection? Anyway, you asked why!

The numbers may be empirical, but whether it is worth it or not is a matter of opinion.

Is $5,000 a lot of money? Opinions will vary, but the amount in question is the same.

The economy does not run on consumption. This such a ridiculous statement it just shows how incredibly naive and trusting supposedly intelligent people can be. Once techno-capital can automate every human task and implement it's own automated security force, there will be no need for human consumption and no need for labor.

Even if that’s true (which it’s not), the U.S. economy is still overwhelmingly dependent on individual consumers’ expenditures — 69-70% of US GDP, 12-15% of global GDP. If executives want to sustain their ability to make profits, they need to provide workers expendable capital. Gotta feed your sheep if you want to keep fleecing. Middle and lower classes tend to spend money when they have excess. Rich people don’t. This is not sustainable.

So in other words ceos that get paid mostly in company stock which has vesting periods and other restrictions.

A form of compensation that most workers would not want because they rather have cash to pay their bills.

It's not surprising the change.

It seems to roughly correlate with the s&p 500 because that's how stocks and company value has grown.

No I just can recognize a scam when I see it. It's not an opinion when there is empirical data.

As someone who's never used a truck, why do you prefer them? My jetta can fit a twin mattress in the back, and I've hauled 8' lumber with the trunk closed before. The higher wheelbase makes sense for camping I guess, but like the 4runner can do that just as well.

I feel like unless you expect to have stuff overflowing the top and sides, having an external bed without access to the folding seats makes you lose capacity.

I mean, hell, my parent's town and country, with all the seats folded flat, was basically a UHaul van in capacity.

Bro, Jack Ma was murdered by the CCP and replaced by a look alike. Change my mind.

Men are constantly producing sperm. Sperm stem cells accumulate approximately one mutation per year. So an old father might have triple the genetic defects of a young father.

I dont know what defines the female line.

The fact of the matter is, the workers individual contribution has become less and less valuable as time goes on. There was a time when strikes could cripple an entire industry now for most jobs it seems like hiring humans is practically a courtesy. They could easily automate so much of the work that is currently being done, they just don't want to put in the up-front investment to do it. Currently most of the increases in profit at companies comes from executive decisions and adopting new tech, and less from acquiring new workers.

CEO compensation theater is simply a distraction from real economic issues.

You apparently don't understand that other people get to value things differently than you.

Your measure of worth is not the same as everyone else on earth.