Comment Money -- God Loves It! (Score 1) 954
I mean, he really must.
Just look at the latest financial statements for the public company of your choice. My former company's CEO has $101M in vested stock options and another $40M in unvested options. All that and a $2.5M bonus last year, too. Of the 6-7M option shares available to give out, 25% go to "named executives". That's a shitload of money. If you can figure out what justifies that kind of reward, let me know. Personally, when I walk by I see them reading newspapers and shopping for golf clubs.
What does this have to do with declines in scientific works and education? Think about what's motivating the people that work at such companies. To get close to the top these days means not just "getting rich", but having something called "generational wealth" -- that means your grandchildren will be rich, too.
People of of all stripes do whatever it takes to get "close to the money" and stay there. That might mean a top-level MBA and the cronyism that comes with it. It might mean talking shit about anyone in the organization seen as a threat. It might mean being a "yes" person. One thing it means for certain is not looking out for the best interests of the shareholders and employees. One thing it doesn't mean is being skilled in science or engineering; those folks are the cannon fodder.
News flash: American capitalism is brutal, corrupt and discourages hard work and innovation. Who'd a thunk?
Just look at the latest financial statements for the public company of your choice. My former company's CEO has $101M in vested stock options and another $40M in unvested options. All that and a $2.5M bonus last year, too. Of the 6-7M option shares available to give out, 25% go to "named executives". That's a shitload of money. If you can figure out what justifies that kind of reward, let me know. Personally, when I walk by I see them reading newspapers and shopping for golf clubs.
What does this have to do with declines in scientific works and education? Think about what's motivating the people that work at such companies. To get close to the top these days means not just "getting rich", but having something called "generational wealth" -- that means your grandchildren will be rich, too.
People of of all stripes do whatever it takes to get "close to the money" and stay there. That might mean a top-level MBA and the cronyism that comes with it. It might mean talking shit about anyone in the organization seen as a threat. It might mean being a "yes" person. One thing it means for certain is not looking out for the best interests of the shareholders and employees. One thing it doesn't mean is being skilled in science or engineering; those folks are the cannon fodder.
News flash: American capitalism is brutal, corrupt and discourages hard work and innovation. Who'd a thunk?
