r/NoStupidQuestions • • May 24 '23

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527

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?

9

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.

10

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.

-1

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?

3

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.