CEO pay at US’s largest companies up 54% since recovery began in 2009

[Socialist]

While America’s CEOs have seen their compensation soar in the past six years, the average annual earnings of employees haven’t budged

Psst … want to earn a CEO’s hourly wage? You can. You’ll just have to toil for about five weeks to do it, without a single day off.

According to the latest annual survey by the Economic Policy Institute, a progressive think tank, CEOs at the 350 largest companies in the country pocketed an average of $16.3m in compensation each last year. That’s up 3.9% from 2013, and a whopping gain of 54.3% since the recovery began in 2009.

The average annual earnings of employees at those companies? Well, that was only $53,200. And in 2009, when the recovery began? Well, that was $53,200, too. In other words, while the CEOs have seen their compensation soar by 54%, the typical worker’s paycheck hasn’t budged.

You’d expect to see a gap between the earnings of the guy who is responsible for running the business and those that work there, of course; that would just reflect the greater burden on the former for keeping the whole show on the road (and the fact that if he doesn’t, his tenure can end very rapidly). Then, too, a CEO often is either a senior industry executive with considerable experience or, in the case of a smaller business or startup, its founder, who has put his own capital and reputation on the line to get the company going and keep it afloat.

But it’s the size of the gap that is the real problem, especially when set against the stagnation of employee salaries.

Right now, the average CEO compensation package is 303 times the size of the average earnings of their employees. The late management consultant Peter Drucker (who, as a winner of the Presidential Medal of Freedom, was no foe of capitalism) recommended that a CEO-to-worker pay ratio should never top 25; otherwise, he argued, they would “increase employee resentment and decrease morale”. By 2005, when Drucker died, the ratio was closing in on 400:1.

Employee resentment? Check. Low morale? Check. But neither has mattered much to the compensation committees signing off on CEO packages – and still failing to disclose publicly the size of their specific gap. While the 2010 Dodd-Frank Act required companies to provide information on the CEO pay ratio to their investors (and thus, to the general public), and the Securities and Exchange Commission made a specific proposal about how that might be handled, opposition has ensured that so far, it hasn’t seen the light of day.

Shareholders – the folks in a position to push for this to happen – don’t seem to put altering this state of affairs at the top of their wish lists. Perhaps that’s because they, unlike the employees stuck with wages that have flat-lined, are enjoying profits of their own, in the form of soaring stock prices. Six years into the bull market, stock indexes have continued to set new records this year, with even the Nasdaq Composite Index posting new all-time highs, finally breaking above the levels it recorded in the dotcom bubble years.

As one 2005 academic study found, investors – whose representatives on the board of directors have the final say on CEO compensation – seem to become complacent during bull markets, indifferent to how rich CEOs, too, are getting, as long as they are sharing in the riches.

Of course, the bull market also is one of the reasons for those big paydays for CEOs. In fact, it’s probably the single largest reason for the explosion in the CEO pay gap. In 1978, when the idea of giving a CEO the majority of his compensation in the form of stock was almost non-existent, that CEO earned about 30 times what his average employee did. By 1989, when the idea of stock-based compensation was gaining traction (and activist investors and corporate raiders were taking aim at corporate managers they considered fat, lazy and unmotivated to increase returns for shareholders), the figure was closing in on 60. By 2000, getting a significant portion (or most) of one’s compensation in stock, option grants or deferred grants of equity was standard, and the gap was 376, according to the EPI.

Consider the controversial pay package that Jamie Dimon earned in 2014, for the bank’s 2013 performance. JP Morgan Chase’s board awarded him $20m that year, or less than $1m for every $1bn in regulatory fines and penalties that the bank had to pay. But defenders of the pay package pointed out that of that sum, $18.5m was in the form of restricted stock grants, which the board could cancel later, if other problems emerge. This year, Dimon got the same $20m, of which only $1.5m was in the form of a salary - $7.5m came in the shape of a cash bonus and $11.1m in restricted stock.

You can’t separate the question of CEO pay from the stock market. Rewarding with CEOs stock and options provides them with an incentive to boost the stock price – and it conserves cash. If the company has to issue more stock down the road to swap those options for shares in the business – something that existing shareholders usually don’t like – the idea is that by then the shares would have gone up in value so much that grumbling would be minimal.

And that has spilled over into the broader wage gap. The more affluent you are, the more likely you are to own stocks – and to have participated in the post-2009 stock market rally, and to have become wealthier from your investments, even if your salary was stagnant. If you lost a job during the recession and remained unemployed, or never earned enough to invest at all, then you couldn’t afford to buy at the bargain basement prices in the spring of 2009, and may even have had to sell at that time in order to cover mortgage payments, pay college tuition for your kids, or buy groceries. In contrast, wealthier families, with more of a cash cushion, could afford to set aside spare money to continue investing. Studies have shown that these phenomena have resulted in the top 1% getting richer, and doing so at the expense of the rest of us. The authors of those studies, meanwhile, argue that’s not good for the economy, since the CEOs and others don’t add economic value in exchange for all their extra riches.

CEO pay at US s largest companies up 54 since recovery began in 2009 Business The Guardian

So. Start your own company, pay your employees and CEO whatever you want...problem solved....

Exactly. Not rocket science.

I'll be sure to tell the billions living in poverty to stop being lazy and start their own businesses. I'm certain capitalism works like that.

Billions aren't under capitalism. The reason why you are bitching about this is because you are being blinded by socialistic policies, which is what most of the world is under.

Capitalism is private ownership of production, relying on extracting surplus value from laborers. China follows state capitalism, the majority of laborers in china work at capitalist companies who exploit them, india is pretty much the same way, socialism is democratic control of production, I've told you this multiple times. I'm addressing your posts completely, you aren't addressing mine.

 

[Socialist]

You've completely failed to address my post, workers do have a responsibility, just like CEO'S should be putting the workers above themselves, personally, I support workplace democracy, something you probably vehemently oppose. That is true responsibility. Socialism is democratic ownership of production, no use in arguing when you can't even define your terms.

I have not only address your point but exposed socialism as the failure and lazy structure it is. Anybody reading this can see that. Your "fuck you" comment was all you needed to say and was the first step that every employee who isn't happy with their situation at work should say and quit then act in the best interest of themselves and their families.

Another words by you saying fuck you to me you are now fired and free to chose your own path. Now go and make something of it Socialist. Bitching time is now over you are now unemployed and you now need to act for you and your family.

Now you see my point.

You have no idea what socialism is, you've shown that, especially when you ignore the productivity increases that occurred in actual socialist societies in spain, more so catalonia, and the success of worker co-ops. Then again, you're against workplace democracy, so I wouldn't expect you to understand. Oh lord, in a world where competition is vehement and disgusting, where companies who have access to third world wage slaves always get ahead, you expect every single employee to start their own business or you blame them and call them failures. Again, fuck you.

Democracy that you talk about gives every employee the right to do exactly what I said they should do and have a responsibility to do not just for themselves. Your argument is shit now and I annihilated it to irrelevancy. Have a nice wonderful day.

I can't tell if you're supporting worker co-ops or being against them.. You aren't annihilating anything, your spewing nonsense.

No you are going to resort to bullshit arguing and name calling and not put any thought into your posts, because you now have NOTHING to go on. Time for you to leave your own thread.

It's not bullshit arguing when I'm addressing your posts, and the "fuck you" was a little irrational, although people who spit on the lives of billions deserve it. Nothing to go on? What are you talking about?

 

[2aguy]

You are just repeating same shit. You put no thought into workers responsibility not just to themselves, but to their families. They can take the company completely out of the equation and not expect something they will never get while their families suffer as a result of their own choice to stay.

Business - Is where you focus on employee responsibility in every way FIRST, which is called doing your job.

This has NOTHING to do with the corporation but EVERYTHING to do with the responsibility of the employee and as a individual, father or mother, husband or wife.. This is the true difference between freedom and socialism. Every employee is free to take matters into their own hands. So shut up and do it.

You've completely failed to address my post, workers do have a responsibility, just like CEO'S should be putting the workers above themselves, personally, I support workplace democracy, something you probably vehemently oppose. That is true responsibility. Socialism is democratic ownership of production, no use in arguing when you can't even define your terms.

I have not only address your point but exposed socialism as the failure and lazy structure it is. Anybody reading this can see that. Your "fuck you" comment was all you needed to say and was the first step that every employee who isn't happy with their situation at work should say and quit then act in the best interest of themselves and their families.

Another words by you saying fuck you to me you are now fired and free to chose your own path. Now go and make something of it Socialist. Bitching time is now over you are now unemployed and you now need to act for you and your family.

Now you see my point.

You have no idea what socialism is, you've shown that, especially when you ignore the productivity increases that occurred in actual socialist societies in spain, more so catalonia, and the success of worker co-ops. Then again, you're against workplace democracy, so I wouldn't expect you to understand. Oh lord, in a world where competition is vehement and disgusting, where companies who have access to third world wage slaves always get ahead, you expect every single employee to start their own business or you blame them and call them failures. Again, fuck you.

Spain...really.......wow....you are fucking clueless...

Do you have any idea what the revolution in spain was? It occurred in the mid-early 1900's, then again, you can barely form a sentence without using ..........

Wow.....tell your mother and father they failed.......

 

[Socialist]

While America’s CEOs have seen their compensation soar in the past six years, the average annual earnings of employees haven’t budged

Psst … want to earn a CEO’s hourly wage? You can. You’ll just have to toil for about five weeks to do it, without a single day off.

According to the latest annual survey by the Economic Policy Institute, a progressive think tank, CEOs at the 350 largest companies in the country pocketed an average of $16.3m in compensation each last year. That’s up 3.9% from 2013, and a whopping gain of 54.3% since the recovery began in 2009.

The average annual earnings of employees at those companies? Well, that was only $53,200. And in 2009, when the recovery began? Well, that was $53,200, too. In other words, while the CEOs have seen their compensation soar by 54%, the typical worker’s paycheck hasn’t budged.

You’d expect to see a gap between the earnings of the guy who is responsible for running the business and those that work there, of course; that would just reflect the greater burden on the former for keeping the whole show on the road (and the fact that if he doesn’t, his tenure can end very rapidly). Then, too, a CEO often is either a senior industry executive with considerable experience or, in the case of a smaller business or startup, its founder, who has put his own capital and reputation on the line to get the company going and keep it afloat.

But it’s the size of the gap that is the real problem, especially when set against the stagnation of employee salaries.

Right now, the average CEO compensation package is 303 times the size of the average earnings of their employees. The late management consultant Peter Drucker (who, as a winner of the Presidential Medal of Freedom, was no foe of capitalism) recommended that a CEO-to-worker pay ratio should never top 25; otherwise, he argued, they would “increase employee resentment and decrease morale”. By 2005, when Drucker died, the ratio was closing in on 400:1.

Employee resentment? Check. Low morale? Check. But neither has mattered much to the compensation committees signing off on CEO packages – and still failing to disclose publicly the size of their specific gap. While the 2010 Dodd-Frank Act required companies to provide information on the CEO pay ratio to their investors (and thus, to the general public), and the Securities and Exchange Commission made a specific proposal about how that might be handled, opposition has ensured that so far, it hasn’t seen the light of day.

Shareholders – the folks in a position to push for this to happen – don’t seem to put altering this state of affairs at the top of their wish lists. Perhaps that’s because they, unlike the employees stuck with wages that have flat-lined, are enjoying profits of their own, in the form of soaring stock prices. Six years into the bull market, stock indexes have continued to set new records this year, with even the Nasdaq Composite Index posting new all-time highs, finally breaking above the levels it recorded in the dotcom bubble years.

As one 2005 academic study found, investors – whose representatives on the board of directors have the final say on CEO compensation – seem to become complacent during bull markets, indifferent to how rich CEOs, too, are getting, as long as they are sharing in the riches.

Of course, the bull market also is one of the reasons for those big paydays for CEOs. In fact, it’s probably the single largest reason for the explosion in the CEO pay gap. In 1978, when the idea of giving a CEO the majority of his compensation in the form of stock was almost non-existent, that CEO earned about 30 times what his average employee did. By 1989, when the idea of stock-based compensation was gaining traction (and activist investors and corporate raiders were taking aim at corporate managers they considered fat, lazy and unmotivated to increase returns for shareholders), the figure was closing in on 60. By 2000, getting a significant portion (or most) of one’s compensation in stock, option grants or deferred grants of equity was standard, and the gap was 376, according to the EPI.

Consider the controversial pay package that Jamie Dimon earned in 2014, for the bank’s 2013 performance. JP Morgan Chase’s board awarded him $20m that year, or less than $1m for every $1bn in regulatory fines and penalties that the bank had to pay. But defenders of the pay package pointed out that of that sum, $18.5m was in the form of restricted stock grants, which the board could cancel later, if other problems emerge. This year, Dimon got the same $20m, of which only $1.5m was in the form of a salary - $7.5m came in the shape of a cash bonus and $11.1m in restricted stock.

You can’t separate the question of CEO pay from the stock market. Rewarding with CEOs stock and options provides them with an incentive to boost the stock price – and it conserves cash. If the company has to issue more stock down the road to swap those options for shares in the business – something that existing shareholders usually don’t like – the idea is that by then the shares would have gone up in value so much that grumbling would be minimal.

And that has spilled over into the broader wage gap. The more affluent you are, the more likely you are to own stocks – and to have participated in the post-2009 stock market rally, and to have become wealthier from your investments, even if your salary was stagnant. If you lost a job during the recession and remained unemployed, or never earned enough to invest at all, then you couldn’t afford to buy at the bargain basement prices in the spring of 2009, and may even have had to sell at that time in order to cover mortgage payments, pay college tuition for your kids, or buy groceries. In contrast, wealthier families, with more of a cash cushion, could afford to set aside spare money to continue investing. Studies have shown that these phenomena have resulted in the top 1% getting richer, and doing so at the expense of the rest of us. The authors of those studies, meanwhile, argue that’s not good for the economy, since the CEOs and others don’t add economic value in exchange for all their extra riches.

CEO pay at US s largest companies up 54 since recovery began in 2009 Business The Guardian

You've already said this isn't the greatest place on earth, so how about you move your feeble ass to your perceived number one and spare us your endless class envy.

Of course it isn't, and I'd love to get citizenship for denmark/sweden/etc, but I have family here to take care of, especially my sick grandparents, and I can't afford to just pack everything and move. Then again, if no one is allowed to criticize their own country without being told to leave, that's something else.

 

[Judicial review]

I have not only address your point but exposed socialism as the failure and lazy structure it is. Anybody reading this can see that. Your "fuck you" comment was all you needed to say and was the first step that every employee who isn't happy with their situation at work should say and quit then act in the best interest of themselves and their families.

Another words by you saying fuck you to me you are now fired and free to chose your own path. Now go and make something of it Socialist. Bitching time is now over you are now unemployed and you now need to act for you and your family.

Now you see my point.

You have no idea what socialism is, you've shown that, especially when you ignore the productivity increases that occurred in actual socialist societies in spain, more so catalonia, and the success of worker co-ops. Then again, you're against workplace democracy, so I wouldn't expect you to understand. Oh lord, in a world where competition is vehement and disgusting, where companies who have access to third world wage slaves always get ahead, you expect every single employee to start their own business or you blame them and call them failures. Again, fuck you.

Democracy that you talk about gives every employee the right to do exactly what I said they should do and have a responsibility to do not just for themselves. Your argument is shit now and I annihilated it to irrelevancy. Have a nice wonderful day.

I can't tell if you're supporting worker co-ops or being against them.. You aren't annihilating anything, your spewing nonsense.

No you are going to resort to bullshit arguing and name calling and not put any thought into your posts, because you now have NOTHING to go on. Time for you to leave your own thread.

It's not bullshit arguing when I'm addressing your posts, and the "fuck you" was a little irrational, although people who spit on the lives of billions deserve it. Nothing to go on? What are you talking about?

people who spit on their own lives and do nothing to take ownership of it when they have or can get the ability to do so deserve even worse. Again Employee responsibility and individual responsibility to your family. It's not the corporations job to pay your bills or put food on your table. It's yours.

Reality is a bitch.

 

[Socialist]

You've completely failed to address my post, workers do have a responsibility, just like CEO'S should be putting the workers above themselves, personally, I support workplace democracy, something you probably vehemently oppose. That is true responsibility. Socialism is democratic ownership of production, no use in arguing when you can't even define your terms.

I have not only address your point but exposed socialism as the failure and lazy structure it is. Anybody reading this can see that. Your "fuck you" comment was all you needed to say and was the first step that every employee who isn't happy with their situation at work should say and quit then act in the best interest of themselves and their families.

Another words by you saying fuck you to me you are now fired and free to chose your own path. Now go and make something of it Socialist. Bitching time is now over you are now unemployed and you now need to act for you and your family.

Now you see my point.

You have no idea what socialism is, you've shown that, especially when you ignore the productivity increases that occurred in actual socialist societies in spain, more so catalonia, and the success of worker co-ops. Then again, you're against workplace democracy, so I wouldn't expect you to understand. Oh lord, in a world where competition is vehement and disgusting, where companies who have access to third world wage slaves always get ahead, you expect every single employee to start their own business or you blame them and call them failures. Again, fuck you.

Spain...really.......wow....you are fucking clueless...

Do you have any idea what the revolution in spain was? It occurred in the mid-early 1900's, then again, you can barely form a sentence without using ..........

Wow.....tell your mother and father they failed.......

I'd rather not, my parents raised me and my brother/sister with little resources, and we came out fine, then again, it's none of your damn business what my personal life is.

 

[OKTexas]

and look at their stocks. Invest in them and you will be rewarded.

Oh please, this is another pathetic attempt to downplay a real problem, first, you immediately assume all americans should gamble, essentially, and if they don't gamble with lots of money they can barely afford to spend, it's their own fault. People like you make me sick.

I never said any of that. I said, put yourself in a position to invest and save to invest in these companies that are doing very well for themselves obviously to be able to pay their CEO's these bonuses as they have rightfully earned. Have a nice day socialists. I'm way to damn smart for you.

It's what you implied, unless it was personally directed at me, even though you know nothing about me. "Rightfully earned" Yes, nothing better then CEO'S banking billions after a massive crisis that ruined the lives of millions.. You're one of those people....

I'm one of those people that have resurrected a business that was hurt by the financial crisis of 2008. Meaning I saved jobs and hired. That what happens when you rebound from a crisis like that. CEO's make the decisions that everybody below them follow to be able to rebound after something like this. They have earned their place at the top and should be rewarded for it. You can't put a price on what they have done. Believe me I've tried to, but these executives are that invaluable.

Oh, congratulations, want a medal? Oh please, CEO'S are not magical, and this looks at the to, not small businesses, do you remember the billions made off of the backs of homeowners? It's pathetic how you justify this.

Really, I'm a home owner and no one made a dime off me, if you're too stupid to buy a house you can sensibly afford, maybe you should stay in an apartment.

 

[Socialist]

You have no idea what socialism is, you've shown that, especially when you ignore the productivity increases that occurred in actual socialist societies in spain, more so catalonia, and the success of worker co-ops. Then again, you're against workplace democracy, so I wouldn't expect you to understand. Oh lord, in a world where competition is vehement and disgusting, where companies who have access to third world wage slaves always get ahead, you expect every single employee to start their own business or you blame them and call them failures. Again, fuck you.

Democracy that you talk about gives every employee the right to do exactly what I said they should do and have a responsibility to do not just for themselves. Your argument is shit now and I annihilated it to irrelevancy. Have a nice wonderful day.

I can't tell if you're supporting worker co-ops or being against them.. You aren't annihilating anything, your spewing nonsense.

No you are going to resort to bullshit arguing and name calling and not put any thought into your posts, because you now have NOTHING to go on. Time for you to leave your own thread.

It's not bullshit arguing when I'm addressing your posts, and the "fuck you" was a little irrational, although people who spit on the lives of billions deserve it. Nothing to go on? What are you talking about?

people who spit on their own lives and do nothing to take ownership of it when they have or can get the ability to do so deserve even worse. Again Employee responsibility and individual responsibility to your family. It's not the corporations job to pay your bills or put food on your table. It's yours.

Reality is a bitch.

Do these people spit on their own lives?

 

[Socialist]

Oh please, this is another pathetic attempt to downplay a real problem, first, you immediately assume all americans should gamble, essentially, and if they don't gamble with lots of money they can barely afford to spend, it's their own fault. People like you make me sick.

I never said any of that. I said, put yourself in a position to invest and save to invest in these companies that are doing very well for themselves obviously to be able to pay their CEO's these bonuses as they have rightfully earned. Have a nice day socialists. I'm way to damn smart for you.

It's what you implied, unless it was personally directed at me, even though you know nothing about me. "Rightfully earned" Yes, nothing better then CEO'S banking billions after a massive crisis that ruined the lives of millions.. You're one of those people....

I'm one of those people that have resurrected a business that was hurt by the financial crisis of 2008. Meaning I saved jobs and hired. That what happens when you rebound from a crisis like that. CEO's make the decisions that everybody below them follow to be able to rebound after something like this. They have earned their place at the top and should be rewarded for it. You can't put a price on what they have done. Believe me I've tried to, but these executives are that invaluable.

Oh, congratulations, want a medal? Oh please, CEO'S are not magical, and this looks at the to, not small businesses, do you remember the billions made off of the backs of homeowners? It's pathetic how you justify this.

Really, I'm a home owner and no one made a dime off me, if you're too stupid to buy a house you can sensibly afford, maybe you should stay in an apartment.

You don't even understand the crisis that destroyed the lives of millions if this is all you have to offer.

 

[OKTexas]

I have not only address your point but exposed socialism as the failure and lazy structure it is. Anybody reading this can see that. Your "fuck you" comment was all you needed to say and was the first step that every employee who isn't happy with their situation at work should say and quit then act in the best interest of themselves and their families.

Another words by you saying fuck you to me you are now fired and free to chose your own path. Now go and make something of it Socialist. Bitching time is now over you are now unemployed and you now need to act for you and your family.

Now you see my point.

You have no idea what socialism is, you've shown that, especially when you ignore the productivity increases that occurred in actual socialist societies in spain, more so catalonia, and the success of worker co-ops. Then again, you're against workplace democracy, so I wouldn't expect you to understand. Oh lord, in a world where competition is vehement and disgusting, where companies who have access to third world wage slaves always get ahead, you expect every single employee to start their own business or you blame them and call them failures. Again, fuck you.

Spain...really.......wow....you are fucking clueless...

Do you have any idea what the revolution in spain was? It occurred in the mid-early 1900's, then again, you can barely form a sentence without using ..........

Wow.....tell your mother and father they failed.......

I'd rather not, my parents raised me and my brother/sister with little resources, and we came out fine, then again, it's none of your damn business what my personal life is.

Yet here you are bitching and complaining, oh woe is me. Screw off commie.

 

[Judicial review]

I have not only address your point but exposed socialism as the failure and lazy structure it is. Anybody reading this can see that. Your "fuck you" comment was all you needed to say and was the first step that every employee who isn't happy with their situation at work should say and quit then act in the best interest of themselves and their families.

Another words by you saying fuck you to me you are now fired and free to chose your own path. Now go and make something of it Socialist. Bitching time is now over you are now unemployed and you now need to act for you and your family.

Now you see my point.

You have no idea what socialism is, you've shown that, especially when you ignore the productivity increases that occurred in actual socialist societies in spain, more so catalonia, and the success of worker co-ops. Then again, you're against workplace democracy, so I wouldn't expect you to understand. Oh lord, in a world where competition is vehement and disgusting, where companies who have access to third world wage slaves always get ahead, you expect every single employee to start their own business or you blame them and call them failures. Again, fuck you.

Spain...really.......wow....you are fucking clueless...

Do you have any idea what the revolution in spain was? It occurred in the mid-early 1900's, then again, you can barely form a sentence without using ..........

Wow.....tell your mother and father they failed.......

I'd rather not, my parents raised me and my brother/sister with little resources, and we came out fine, then again, it's none of your damn business what my personal life is.

Why should we even care about your life when it's your life? Your answer to this will be the same answer if you replace "we" with "corporations."

 

[Judicial review]

Democracy that you talk about gives every employee the right to do exactly what I said they should do and have a responsibility to do not just for themselves. Your argument is shit now and I annihilated it to irrelevancy. Have a nice wonderful day.

I can't tell if you're supporting worker co-ops or being against them.. You aren't annihilating anything, your spewing nonsense.

No you are going to resort to bullshit arguing and name calling and not put any thought into your posts, because you now have NOTHING to go on. Time for you to leave your own thread.

It's not bullshit arguing when I'm addressing your posts, and the "fuck you" was a little irrational, although people who spit on the lives of billions deserve it. Nothing to go on? What are you talking about?

people who spit on their own lives and do nothing to take ownership of it when they have or can get the ability to do so deserve even worse. Again Employee responsibility and individual responsibility to your family. It's not the corporations job to pay your bills or put food on your table. It's yours.

Reality is a bitch.

Do these people spit on their own lives?

I'm sorry is that America? Lol.

 

[Socialist]

You have no idea what socialism is, you've shown that, especially when you ignore the productivity increases that occurred in actual socialist societies in spain, more so catalonia, and the success of worker co-ops. Then again, you're against workplace democracy, so I wouldn't expect you to understand. Oh lord, in a world where competition is vehement and disgusting, where companies who have access to third world wage slaves always get ahead, you expect every single employee to start their own business or you blame them and call them failures. Again, fuck you.

Spain...really.......wow....you are fucking clueless...

Do you have any idea what the revolution in spain was? It occurred in the mid-early 1900's, then again, you can barely form a sentence without using ..........

Wow.....tell your mother and father they failed.......

I'd rather not, my parents raised me and my brother/sister with little resources, and we came out fine, then again, it's none of your damn business what my personal life is.

Why should we even care about your life when it's your life? Your answer to this will be the same answer if you replace "we" with "corporations."

He told me my mother and father failed, I responded, although I've noticed the majority of the people on this forum would rather just dish out personal statements against others when they have nothing better to say, it's rubbing off on me... You do realize corporations, by design, are focused on profit above all else? In fact, many capitalists today despise corporations, well, alot of 'free market' libertarians I speak to.

 

[Socialist]

I can't tell if you're supporting worker co-ops or being against them.. You aren't annihilating anything, your spewing nonsense.

No you are going to resort to bullshit arguing and name calling and not put any thought into your posts, because you now have NOTHING to go on. Time for you to leave your own thread.

It's not bullshit arguing when I'm addressing your posts, and the "fuck you" was a little irrational, although people who spit on the lives of billions deserve it. Nothing to go on? What are you talking about?

people who spit on their own lives and do nothing to take ownership of it when they have or can get the ability to do so deserve even worse. Again Employee responsibility and individual responsibility to your family. It's not the corporations job to pay your bills or put food on your table. It's yours.

Reality is a bitch.

Do these people spit on their own lives?

I'm sorry is that America? Lol.

Now I know you're not reading my posts..
I said this: "It's not bullshit arguing when I'm addressing your posts, and the "fuck you" was a little irrational, although people who spit on the lives of billions deserve it. Nothing to go on? What are you talking about?"
You said: "people who spit on their own lives and do nothing"

 

[Socialist]

You have no idea what socialism is, you've shown that, especially when you ignore the productivity increases that occurred in actual socialist societies in spain, more so catalonia, and the success of worker co-ops. Then again, you're against workplace democracy, so I wouldn't expect you to understand. Oh lord, in a world where competition is vehement and disgusting, where companies who have access to third world wage slaves always get ahead, you expect every single employee to start their own business or you blame them and call them failures. Again, fuck you.

Spain...really.......wow....you are fucking clueless...

Do you have any idea what the revolution in spain was? It occurred in the mid-early 1900's, then again, you can barely form a sentence without using ..........

Wow.....tell your mother and father they failed.......

I'd rather not, my parents raised me and my brother/sister with little resources, and we came out fine, then again, it's none of your damn business what my personal life is.

Yet here you are bitching and complaining, oh woe is me. Screw off commie.

I'm not bitching and complaining, what, am I not allowed to realize that inequality is a massive problem?

 

[Judicial review]

No you are going to resort to bullshit arguing and name calling and not put any thought into your posts, because you now have NOTHING to go on. Time for you to leave your own thread.

It's not bullshit arguing when I'm addressing your posts, and the "fuck you" was a little irrational, although people who spit on the lives of billions deserve it. Nothing to go on? What are you talking about?

people who spit on their own lives and do nothing to take ownership of it when they have or can get the ability to do so deserve even worse. Again Employee responsibility and individual responsibility to your family. It's not the corporations job to pay your bills or put food on your table. It's yours.

Reality is a bitch.

Do these people spit on their own lives?

I'm sorry is that America? Lol.

Now I know you're not reading my posts..
I said this: "It's not bullshit arguing when I'm addressing your posts, and the "fuck you" was a little irrational, although people who spit on the lives of billions deserve it. Nothing to go on? What are you talking about?"
You said: "people who spit on their own lives and do nothing"

Now you aren't making sense and are spitting hoping it sticks. You are officially done. You need to reevaluate your entire belief system. Take a few months off any rethink this entire thread and what I told you. Goodnight.

 

[Socialist]

It's not bullshit arguing when I'm addressing your posts, and the "fuck you" was a little irrational, although people who spit on the lives of billions deserve it. Nothing to go on? What are you talking about?

people who spit on their own lives and do nothing to take ownership of it when they have or can get the ability to do so deserve even worse. Again Employee responsibility and individual responsibility to your family. It's not the corporations job to pay your bills or put food on your table. It's yours.

Reality is a bitch.

Do these people spit on their own lives?

I'm sorry is that America? Lol.

Now I know you're not reading my posts..
I said this: "It's not bullshit arguing when I'm addressing your posts, and the "fuck you" was a little irrational, although people who spit on the lives of billions deserve it. Nothing to go on? What are you talking about?"
You said: "people who spit on their own lives and do nothing"

Now you aren't making sense and are spitting hoping it sticks. You are officially done. You need to reevaluate your entire belief system. Take a few months off any rethink this entire thread and what I told you. Goodnight.

I know now that you believe everyone who is poor is a failure, you've claimed it, and it's the basis of your sick, twisted worldview. I'm simply stating your words, better edit your post.

 

[OKTexas]

While America’s CEOs have seen their compensation soar in the past six years, the average annual earnings of employees haven’t budged

CEO pay at US s largest companies up 54 since recovery began in 2009 Business The Guardian

So. Start your own company, pay your employees and CEO whatever you want...problem solved....

Exactly. Not rocket science.

I'll be sure to tell the billions living in poverty to stop being lazy and start their own businesses. I'm certain capitalism works like that.

Billions aren't under capitalism. The reason why you are bitching about this is because you are being blinded by socialistic policies, which is what most of the world is under.

Capitalism is private ownership of production, relying on extracting surplus value from laborers. China follows state capitalism, the majority of laborers in china work at capitalist companies who exploit them, india is pretty much the same way, socialism is democratic control of production, I've told you this multiple times. I'm addressing your posts completely, you aren't addressing mine.

Find yourself an employee owned company, get a job and have yourself a feast.

 

[Socialist]

So. Start your own company, pay your employees and CEO whatever you want...problem solved....

Exactly. Not rocket science.

I'll be sure to tell the billions living in poverty to stop being lazy and start their own businesses. I'm certain capitalism works like that.

Billions aren't under capitalism. The reason why you are bitching about this is because you are being blinded by socialistic policies, which is what most of the world is under.

Capitalism is private ownership of production, relying on extracting surplus value from laborers. China follows state capitalism, the majority of laborers in china work at capitalist companies who exploit them, india is pretty much the same way, socialism is democratic control of production, I've told you this multiple times. I'm addressing your posts completely, you aren't addressing mine.

Find yourself an employee owned company, get a job and have yourself a feast.

I wish I could find one around my area.. :/

 

[OKTexas]

Spain...really.......wow....you are fucking clueless...

Do you have any idea what the revolution in spain was? It occurred in the mid-early 1900's, then again, you can barely form a sentence without using ..........

Wow.....tell your mother and father they failed.......

I'd rather not, my parents raised me and my brother/sister with little resources, and we came out fine, then again, it's none of your damn business what my personal life is.

Yet here you are bitching and complaining, oh woe is me. Screw off commie.

I'm not bitching and complaining, what, am I not allowed to realize that inequality is a massive problem?

Evidently it only your problem, not mine. I could care less what a CEO makes and if workers don't like working there they are free to move on. That's exactly what I've done and it's worked pretty well for me, I'm retired with a nearly 6 figure income. BTW I've never owned a stock or bond in my life, other than a savings bond and that was 45 years ago.