What bothers me is there is no conceivable way these individuals could have performed over a billion dollars worth of labor, ever. I'm not advocating communism or socialism, I'm just pointing out a basic truth. None of these people could have conceivably done more useful work than the entire lifetimes work of thousands of people.
Sure, corporate CEOs and super rich are much more productive than the average person....but their brains still tick at a mere 1000hz. They can still only speak at a slowish 150w
What bothers me is there is no conceivable way these individuals could have performed over a billion dollars worth of labor, ever. I'm not advocating communism or socialism, I'm just pointing out a basic truth. None of these people could have conceivably done more useful work than the entire lifetimes work of thousands of people.
Sure they can. They've provided work for a lifetime for thousands of people.
This is an example of a logical error. Yes, they lead the tiller on the ship...but simply because the decisions they make touch the wheel, does this mean they are 10,000 times as useful as anyone else? Is it somehow a rare trait for an individual to be able to understand and lead a corporate mechanism? Of course not.
It's like saying the hand on the wheel is 100,000 times as important as the lookouts in the crow's nests or the actual tiller man in the engine room. Sure, the captain's hand perhaps is a
The people on the rich list aren't there because they are steering the boat, they are there because they risked their livlihood to build the boat and set it to sea. If the boat sinks, they are the ones that are screwed the most.
Most new businesses fail. It is a risky thing for your own personal livlihood to start your own business because if it fails, you don't have income to fall back on and you are likely deep in debt. The owners of the company absolutely deserve the right to reap the benefits of the ris
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-- Steve McGarret, _Hawaii Five-Oh_
What bothers me (Score:5, Interesting)
Sure, corporate CEOs and super rich are much more productive than the average person....but their brains still tick at a mere 1000hz. They can still only speak at a slowish 150w
Re:What bothers me (Score:5, Insightful)
Sure they can. They've provided work for a lifetime for thousands of people.
Re:What bothers me (Score:3, Insightful)
Re:What bothers me (Score:3, Insightful)