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Author | Topic: What is a Liberal, and What is a Conservative? | |||||||||||||||||||||||||||||||||||||||
RAZD Member (Idle past 1572 days) Posts: 20714 From: the other end of the sidewalk Joined: |
The question is how to agree upon and keep leadership talent at compensation that is (cringe) "fair". It obviously doesn't work whenever people are allowed to decide for themselves what they should be paid. CEO's and Congressmen included. There is supposed to be an article in Fortune about the ratio of CEO pay to the typical hourly worker in the same company. I looked for the reference to site from it but could not find it. What I have been told is that it breaks down like this:
400-1 USA 57-1 Brazil 45-1 Mexico 38-1 Hong Kong 25-1 Britain 22-1 Australia 21-1 China 19-1 Italy 18-1 Spain 16-1 France 16-1 Taiwan 11-1 Germany 11-1 South Korea 10-1 Japan And that this is the average of the top executives (not just the biggest companies}. BUT I need the actual article to check that claim. I certainly think workers can make informed decisions on whether their managers and CEO's are being paid fairly or skimming the cream for themselves. ps to Darwin Storm: there is a big difference between a manager and an owner or CEO. Focusing on managers instead of the top people is side stepping the issue as they rarely get to decide their own pay either. we are limited in our ability to understand by our ability to understand RebelAAmerican.Zen[Deist
{{{Buddha walks off laughing with joy}}}
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RAZD Member (Idle past 1572 days) Posts: 20714 From: the other end of the sidewalk Joined: |
Okay got the link to the info. It seems the Fortune Mag is just the opener in the actual article, which is by Jim Hightower
Page not found • Hightower Lowdown The numbers come from page 3Page not found • Hightower Lowdown The numbers are Jim's and not Fortune Magazine (although they may be based on the info in the magazine - he doesn't say). he ends with:
Democrats even have at hand a modest proposal that would be both effective and politically palatable, raising the issue in a way that’s easy for everyone to grasp and that would discombobulate the Bushites. It’s H.R. 2691, a bill by Rep. Martin Sabo, Democrat of Minnesota. Dubbed the Income Equity Act, it says that corporations can pay whatever ungodly sums they wish to lavish on their CEOsbut don’t expect us taxpayers to subsidize the extravagance. Yes, all those gabillions for executive pay are now being treated by the IRS as a reasonable business expense, and they are fully deductible from a corporation’s income taxno matter how huge the sum. Sabo’s bill simply redefines reasonable to mean CEO compensation up to 25 times the pay of the lowest-paid worker in the corporation. Say the lowest pay is $20,000 a year: The company could then deduct $500,000 for the CEO’s paybut anything above this level would have to come straight out of the corporation’s funds without any taxpayer subsidy. Can anyone argue with that? Enjoy. we are limited in our ability to understand by our ability to understand RebelAAmerican.Zen[Deist
{{{Buddha walks off laughing with joy}}}
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RAZD Member (Idle past 1572 days) Posts: 20714 From: the other end of the sidewalk Joined: |
see http://EvC Forum: What is a Liberal, and What is a Conservative? -->EvC Forum: What is a Liberal, and What is a Conservative?
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RAZD Member (Idle past 1572 days) Posts: 20714 From: the other end of the sidewalk Joined: |
see
http://EvC Forum: What is a Liberal, and What is a Conservative? -->EvC Forum: What is a Liberal, and What is a Conservative?and EvC Forum: What is a Liberal, and What is a Conservative?
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contracycle Inactive Member |
quote: No, I know that is the case; they themselves taught me to do the accounting that shows that they steal, rob, and sit on their tails.
quote: So do many, many wage workers. Yet they are not rewarded on the same scale - why not? It is a process of theft, thats why.
quote: Really? You just argued that equal work should produce radically unequal pay, and yet you accuse me of a delusional view of how organisations work? Back to accounting school for you, son. This message has been edited by contracycle, 09-06-2004 05:56 AM
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contracycle Inactive Member |
quote: Erm, of course - becuase even in this post you have repeated the canard that Leftist politics is about state ownership. Seeing as you apparently feel a need to lie about leftists arguments in order to advance the criticism that they are "irrational", that is a pretty fundamental charge. This is another demonstration of the Idealistic nature of conservatism; they keep shadow-boxiung at an enemy of their imaginiing becuase it is more comfortable and satisfying to do so than to engage with reality.
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RAZD Member (Idle past 1572 days) Posts: 20714 From: the other end of the sidewalk Joined:
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What I cannot understand is how anyone can take the opening phrase of the constitution:
We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America. ... to not include social safety nets like social security, universal education, unemployment, and universal health care. As a society grows more civilized it becomes more aware of not just what it should do but what it can do. Enjoy. we are limited in our ability to understand by our ability to understand RebelAAmerican.Zen[Deist
{{{Buddha walks off laughing with joy}}}
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Phat Member Posts: 18524 From: Denver,Colorado USA Joined: Member Rating: 1.7 |
quote: The old posts in this topic provide further definitions. In today's politically divided world, we all need to determine just where we stand.
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Theodoric Member Posts: 9428 From: Northwest, WI, USA Joined: Member Rating: 4.9
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Because you are too afraid to respond on other topics?
What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens Facts don't lie or have an agenda. Facts are just facts "God did it" is not an argument. It is an excuse for intellectual laziness. If your viewpoint has merits and facts to back it up why would you have to lie?
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Phat Member Posts: 18524 From: Denver,Colorado USA Joined: Member Rating: 1.7 |
The Political Compass
quote: Im not sure what to make of my score, but I was being honest.
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Phat Member Posts: 18524 From: Denver,Colorado USA Joined: Member Rating: 1.7 |
It requires too much thought and stresses me out. I'm trying to relax on my day off...not to get anxiety.
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xongsmith Member Posts: 2603 From: massachusetts US Joined: |
mine were:
Economic Left/Right: -7.13Social Libertarian/Authoritarian: -6.51 oh well..."I'm the Grim Reaper now, Mitch. Step aside." Death to #TzarVladimirtheCondemned! Enjoy every sandwich! - xongsmith, 5.7dawkins scale
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Phat Member Posts: 18524 From: Denver,Colorado USA Joined: Member Rating: 1.7 |
One article at this website gave me pause to think about what sort of animal we have become in the US compared to the rest of the world.
German and US Conservatives have Little In Common The Political Compass: Maybe now I see why you are so anti-Republican, Xongsmith. We have a lot of work to do here in the US.
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xongsmith Member Posts: 2603 From: massachusetts US Joined: |
makes me wonder where Angela Merkel would come in...
"I'm the Grim Reaper now, Mitch. Step aside." Death to #TzarVladimirtheCondemned! Enjoy every sandwich! - xongsmith, 5.7dawkins scale
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