Where's the "Value Added Component" of Corporate Executives?

Discussion in 'Economy' started by Sallow, Jul 21, 2011.

  1. Sallow
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    Sallow The Big Bad Wolf. Supporting Member

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    Recently, I started a thread about how government pays the private sector to do all sorts of things to illustrate two things. That spending really does "create" jobs because the government is a huge client of the private sector and that tax payer dollars do go to creating wealth for a tiny minority of people in this country. The state of the disparity between Executive compensation and the compensation for professionals or labor that work for the very same companies is huge.

    Of course it went down in flames because most conservatives (and some liberals, which I found surprising) couldn't understand the basic premise.

    In the field of technology, much of what alot of these companies are now making profits on, were produced in government labs. Same with the pharmecutical industry. The financial industry was built on a "marriage' between the private and public sectors. Up until a very short time ago, the whole telecommunications backbone of this country..was largely built by the government. The government defends our "private" interests overseas as well..such as in the oil industry. The idea of government/private sector activity is premised on the notion that the private sector creates jobs, is a wellspring of innovation and is the best and most efficient way to distribute goods and services.

    Well there's a disconnect these days. And it's largely not unique. This same situation occurred before the Great Depression when essentially Robber Barons and Monopolies ruled the roost. Today it's multi-national corporations and and over compensated CEO's.

    Which begs the question. Since conservatives have been working overtime to make "everything old new again"..where's the value in it? Why is it good to have a small obscenely wealthy minority and a large improvished majority? Why is it good to eliminate the Middle Class?

    These people are not creating jobs..they are moving money from one pocket to another in the same community.

    Where is the value in that?
     
  2. Sallow
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    Sallow The Big Bad Wolf. Supporting Member

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    Which begs the question, why does anyone want government to be run like a business?

    The bottom line to business is profit.

    The bottom line to government (well this one) is the welfare of it's citizens.

    The two have nothing to do with each other..
     

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