this post was submitted on 15 May 2024
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Lefty Memes
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Thoughts on “[significantly] less skilled“?:
It's bullshit. How many people can replace the CEOs who routinely drive companies to the ground? Millions. Why were programmers badly paid when they were women-dominated but well paid when it was men?
Not a lot can easily "replace" the fast food worker who's been flipping burgers for 20 years.
This is is just apologia.
It doesn't matter if you think CEO's can be replaced easily. It matters what company boards think and it isn't many people. Also who they are willing to replace. Most of the board members probably have a close relationship with the ceo. Not so the burger flipper.
Bad CEOs sure suck. It’s so important to have a good leader at the top, nonprofits will pay millions given competing private sector demand.
We wouldn’t assume driving companies into the ground isn’t always accidental, would we? Feature, not a bug, if it’s someone’s job to strip mine a company until it’s a shell. :) Of course you also have e.g. Lehman Brothers CEO denying his firm was even in trouble, or Enron’s mismanagement and the subsequent 99% loss in value.
I had to look into the early days of programming. Sounds like it was viewed as an extension of clerical work and therefore tedious. Computational demands increased, salaries increased, increased salaries brought more men into the field.
I do imagine the best 20yr burger flipper is at least X% more efficient than the best 1yr burger flipper… but X is probably not above like what, 20%? In the executive world, I’d guess the ratio is far different.
Mannn, would this all be moot if we just had Universal Basic Income? Or nearly moot. Inequality would still abound, but it’s much more acceptable if the least amongst us are comfortable and can be happy.
Feel like I might take the job on the right