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this post was submitted on 14 Dec 2024
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Uhhh, that actually might not be true.
If you were to do a poll in the US I think you can crack 51%, especially if you phrase it by mentioning that they have a fiduciary responsibility to maximize profit regardless of morality.
Edit: just had a thought. Given how much more money they make than the average worker, and that the average worker puts their health at risk by sitting at a desk so much, this might actually make sense in terms of risk/reward structure.
If the ultra wealthy make more than 1000 than me, shouldn’t they take 1000 times more risk of dying (I’m not supporting violence).
Why would anybody hate CEOs?
(Btw this is just in the past month)
For the curious: https://musictech.com/news/industry/the-musicians-club-ceo-fires-99-employees-reddit/
This guy ran an online musical instrument business, exploiting unpaid remote workers. There is nothing of value lost here.
I would think that the title of CEO might not be appropriate to every organization either. I know a rather big org where the CEO is basically someone who begs for investors, and the CAO does what a CEO usually does. There are orgs where that's the CFO, or the COO. Regardless of the title, it's all executives we're angry about because of the incredible income disparities versus actual responsibilities.
The executives I've met are essentially hype men or thumbs up thumbs down types. All of them were finance types or management types. To me, if your only qualification is many years of managing with barely any experience in the actual product/service your org provides, then that's a problem.
Hospitals run by management types? Engineering services run by accountants? It's all middlemen extracting piece of the pie from the people actually doing the work.
As a society we need to purge the system of middlemen period. The internet made middlemen obsolete, yet they are still exploiting labor in ridiculous ways.
I don't hate somebody just because they're a CEO.
I hate all rich people though that aren't using their wealth to improve the lives of others as much as possible.
I mean, the likes of Elon Musk and Jeff Bezos could end world hunger with a snap of their bony fingers, and they're not doing it, despite the fact that they would still be wealthy beyond comprehension if they did.
We're asking them to do the bare minimum and utilize their wealth in a responsible manner, and they're not even doing that much.
I'm reminded of this line Citizen Kane:
Most, if not all, CEOs are rich though and I'm sure most people follow your sentiments too. It's just that CEOs are currently the flavour of the month.
Also regardless of mortality.