People are not just complaining about CEO pay, they are complaining that their pay is steadily increasing while employees' pay stays the same or even getting laid off to pay for that CEO. It's the best example that trickle down does not work as advertised.
I don't agree with that. There will always be a bottom line that a company has to keep. If a CEO is able to make necessary cuts to maintain success, why shouldn't he? You forget that it is a free marketplace that creates competition that discourages unethical business. Not to mention the power of the consumer. What is the problem? A company lays off employees for no good reason...buy from somewhere else!
Yeah, the bottom line of OHH NOOO WE CAN'T MAKE PROFITS TO PAY OUR EXECUTIVES MULTI MILLION DOLLAR SALARIES AND THE PRIVATE JET. You're essentially proving the CEO is out for himself and profit, lol, the free market bullshit, it's clearly been doing a great job, look at the past. The power of the consumer? One of the greatest capitalist contradictions is occurring right now, capitalists are producing massive surpluses they cannot sell to consumers who aren't making enough money. LOL. Then we'll all only be shopping at mom and pop shops, those are obviously around these days.