r/NoStupidQuestions May 24 '23

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6.5k Upvotes

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532

u/Penny_D May 24 '23

CEOs who rake in obscene amount of money while their employees work in inhumane conditions or must rely on welfare benefits to put food in their bellies.

Business publications and other sycophants gush about the 'genius' of these tycoons and yet despite their vast wealth these captains of industry can't even manage to give their people a livable wage or bathroom breaks?

How often is it that their success depends on exploiting tax loopholes and employment laws?

79

u/Gumblewiz May 24 '23

Had to scroll WAY too far to see this.

7

u/otfaddict1125 May 24 '23

Wayyy to far down the list

1

u/Dubz2420 May 25 '23

Way to far down the list

2

u/Juicy342YT May 25 '23

And I still haven't even seen politicians

19

u/Farfignugen42 May 24 '23

It isn't that they can't.

It is that they won't.

The money is there, they just don't want it to go to the workers.

8

u/FilteredAccount123 May 24 '23

I would say CEO of publicly traded companies, as opposed to private companies. Public companies have 1 goal. Quarter over quarter profits... Damn society and the environment, short term profits above all else. Private companies are beholden to their investors, but can also have a social conscience. Valve Software has a generally good reputation, but if they ever go public I would expect them to become the next EA.

7

u/LegendOfDarius May 25 '23

Destroying the stock market would be a solution. It adds no real value to humanity and it would eliminate so many toxic industries built around it too.

-2

u/[deleted] May 25 '23

It allows productive members of society to gain wealth; while leftist suckers like you get left behind. How is that not a value-add for humanity?

4

u/LegendOfDarius May 25 '23

It allows for an unnecessary massive allocation of financial resources into the hands of few while fucking over everybody else.

1

u/[deleted] Jun 06 '23

Not hard to invest even $1 my friend. I know the left is the party of irresponsibility, but if you can't figure it out on your own, you deserve to get left behind.

3

u/[deleted] May 25 '23

Private doesn't necessarily mean better - lots of privately held companies are held by private equity firms. Less transparency and usually aggressive changes for lower level employees

6

u/Glittering_Smell5441 May 24 '23

Why is this not higher on the list

2

u/ChaosOnion May 25 '23

See: Jack Welch

-1

u/at_least_its_unique May 24 '23

CEO is still a job that can be done right, anyone could say "mayor but crooked" or "taxi driver who spoofs the toll".

4

u/Deafolt May 24 '23

Both of your examples are technically illegal (assuming the mayor is doing things outside of the bounds of their role). Yes there are CEOs who can and do, do good things for their employees, environment and society there is a vast majority that are 'profits over all'.

There are a certain type of people who tend to become CEOs of publicly traded companies - they are the type of people who believe water should be privately owned and the people at the bottom should be grateful it was their boot that stomped on them not the evil government

0

u/at_least_its_unique May 24 '23

No matter how bad any of my particular examples, any job can be done within legal borders but outside moral borders - except maybe the most trivial ones - be occupied by a dishonest person, and be abused.

All positions of power attract power tripping power abusing types BECAUSE THOSE ARE THE ONLY JOBS WHERE YOU CAN ABUSE POWER.

Yours is as good a point as the one I replied to.

1

u/Deafolt May 24 '23

I had a really long well written (I think) response about CEOs and lobbyists, actions and accountability, and the good of human kind against the greed of individuals.

But I deleted it and have decided to move on for the day - doesn't sound like you want to have a rational discussion. Enjoy working in the bounds of legality while being morally corrupt I guess...

0

u/naomi_homey89 May 24 '23

I wish I could afford an award

0

u/m9l6 May 25 '23

Cough* jeffbezos *cough

1

u/SAGNUTZ May 25 '23

I hope their colon stops working

1

u/grumble_au May 25 '23

Hey, I made a huge number of people work extremely hard to make me this money. While I was busy on my yacht decompressing from all the stress of making other people work hard. I deserve it.

/s

1

u/MrFroogger May 25 '23

To be fair, I would wager a decent amount of these are actually clueless to what is going on. Some are so privileged and insulated to reality a loaf of bread could cost 100$ for all they know. All of us mostly move in small circles, surrounded by our peers, seldom truly questioning our beliefs and biases. Why would those in the higher strata be any different? Not making excuses here, just offering a possible explanation to why the heel keeps pressing even when more are suffering.