I think its stupid to pay CEOs so much money.Not because of some communist jealousy that they have too much money. But because I think that CEOs having so much more money than the common person divorces them from the reality of the purchasing power and purchasing decisions that a common person has. They do not have the empathy to ensure that their product is good value since to them they don't have to make the same purchasing considerations. This concerns me because I think a lot of ceos are overpaid and providing less value to their companies and shareholders because they can't make decisions that can properly consider the purchasing habits of the common person. So are their executive decisions really based on reality or are they actually beneficial to the company. I think the comparison to a real life example i would draw would be ww1 generals. British and french generals would live in villas far from the front line and not understand real battlefield conditions before making decisions that would cost thousands in lives and materials. And that the real successful generals like julian byng were guys who did their own frontline inspections, understood the experience of the basic soldier (that artillery wasn't cutting wire well enough) and were genuinely caring of their soldiers well being. Too many ceos like to live in villas far from the front lines.
