Diuretic
Permanently confused
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- #121
Well my brother deals with paying the top brass their bonus'. I don't think the way they do that is right either. Imagine if labor got to decide how much they got paid. Do you think the white collar guys are any different?
If anyone thinks labor gets paid too much and the executives don't, then they are fooling themselves.
Business brass have got it made. Even when they're incompetent they get paid off with fistfulls of money. Essentially they've conned boards of directors who have then conned shareholders (stockholders I think you call them). This goes way back. There's a book by a bloke called James Burnham, The Managerial Revolution, it was published in 1941 (I've got a copy here somewhere in my roomfull of books). Orwell mentions it in Nineteen Eighty-Four. The point is that Burnham saw this new elite, the managerial class, growing. And sure enough, so it has. In every western-style economy the top brass in corporations are the elite class.
Unions are rank beginners against the brass in looking after each other.