Communist Economics is fair.

Only some are more "fair" than others in communistic reality.

 

Only some are more "fair" than others in communistic reality.

yeap ... just as some are "more equal" than others in all societies that proclaim themselves champions of fairness

 

This begs the hardest question of all time: "what is fair, and what's not?"

I'd say that places like Walmart aren't "fair". Or any place where you need to both work and be on welfare.

Do you think a CEO should make 361 times what the workers make? A couple of members here think it is not only fair but imperative. https://www.forbes.com/sites/dianah...imes-that-of-the-average-worker/#1bdb3281776d

 

I'd say that places like Walmart aren't "fair". Or any place where you need to both work and be on welfare.

Do you think a CEO should make 361 times what the workers make? A couple of members here think it is not only fair but imperative. https://www.forbes.com/sites/dianah...imes-that-of-the-average-worker/#1bdb3281776d

I agree, 360 times what the workers make sounds fair.

 

Whoever told you that life is fair, or can be fair, or will be fair, lied to you. Life is never fair.

ALL mankind contributes to this fact. In other words.....if life were fair......mankind would not allow it. In other words......fair life is un-achievable.

It will never happen. And you will die. You're going to be dead. All of your friends and loved ones are going to die.

This is your future, and this is my future. How do you wish to share it?

 

I'd say that places like Walmart aren't "fair". Or any place where you need to both work and be on welfare.

Do you think a CEO should make 361 times what the workers make? A couple of members here think it is not only fair but imperative. https://www.forbes.com/sites/dianah...imes-that-of-the-average-worker/#1bdb3281776d

It's actually pretty amazing how twisted that story is. Notice how they compare the "typical" ratio of CEO to average worker pay in the 1950's to the ratio of Fortune 500 CEOs to their average workers today. Newsflash, CEOs of Fortune 500 companies do not make "typical" CEO salaries and they didn't do so back in the 1950's, either.

Let's say that we cap a CEO's pay to be no more than $20 per each employee that works for that company. Would that be fair?

Shouldn't there also be a cap on professional athletes? What about entertainers? Is it fair that the stars of several TV shows get paid a million dollars an episode? You can bet that that's a lot more than 360 times what the average worker on that show makes.

 

I agree, 360 times what the workers make sounds fair.

I don't know that a simple ratio captures anything about fairness. I think compensation per employee is a better metric, but even that misses out on a lot of factors.

I do agree that if the people at the top deserve to do disproportionately well when the company excels, that they then also deserve to shoulder a similarly disproportionate share of the pain when those companies flounder or fail and that is often not the case.

 

I don't know that a simple ratio captures anything about fairness. I think compensation per employee is a better metric, but even that misses out on a lot of factors.

I do agree that if the people at the top deserve to do disproportionately well when the company excels, that they then also deserve to shoulder a similarly disproportionate share of the pain when those companies flounder or fail and that is often not the case.

Yes, some people seem to forget that success is not the norm in business.

Q. How do you make a million dollars?
A. Start with two million.

 

I'd say that places like Walmart aren't "fair". Or any place where you need to both work and be on welfare.

Do you think a CEO should make 361 times what the workers make? A couple of members here think it is not only fair but imperative. https://www.forbes.com/sites/dianah...imes-that-of-the-average-worker/#1bdb3281776d

This is a prime example of why the government has legally established the minimum wage in order that working employees don;t wind up getting on public welfare which is essentially corporate welfare.

 

You guys are making sophist arguments about this.

 

For your sake, i hope, by men, you mean "persons"