Reply #15: The "socialist" in me comes out when I hear crap like this. [View All]

What the hell did that man or any other CEO do to deserve a bonus at that level? Not to mention their outrageous salaries. Why can't they spread that "extra" cash around to say, maybe the employees that actually do the work? Or even hire more employees?

I like the philosophy that a company should set a limit to the ratio between what the highest paid employee/CEO makes compared to the lowest paid employee.

Say 10x (or whatever). So if the lowest paid employee makes $20k a year the CEO would make $200k a year. How encouraging would that be to run a more profitable company so as the CEO you can make more, and how encouraging would that be for the employees to work harder to make the company more profitable so they too can make more money?

I'm sure many holes could be found in this philosophy, but I have just never got the whole million dollar salary and bonus levels for CEOs of corporations. How does capitalism fit in there?