Whether CEO pay is “fair” or “right” or whatever is a very complicated question (and the answer, in my opinion, has a lot to do with how open or closed the market is for rank-and-file workers).RainbowsandUnicorns wrote: ↑Tue Nov 07, 2023 4:52 pm Good for Bill - but this just helps reiterate that I live in a sick world.
Just yesterday I was thinking/knowing it is asinine that Craig Counsell will get paid 8 million a year by the Cubs.
Today I am learning Bill Self, who was already getting paid a LOT of money and was very content with what he was getting paid, is going to get even more money. Because......
Meanwhile, there are people working 8-12-16-18 hour shifts 5, 6, or even 7 days a week, busting their asses to just to survive and feed and clothe their kids, and some of them aren't getting paid $30,000/$35,000 a year.
But hey, I'll say it again, good for Bill.
Someone who is one-of-one in a massively profitable enterprise should reasonably expect to be paid a massive amount of money.
I think it’s also relevant to your point to consider how many good jobs would not exist at all but for the guy’s unique contributions. How many middle-class incomes are there in KU’s athletics department as compared with, I don’t know, UMKC’s? Or Rockhurst University’s?