this post was submitted on 15 Oct 2024
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The internet has a serious issue with managers, upper management, and even landlords nowadays. It's so weird to see people slip back into blaming anyone but the real grifters who provide no benefit but take a dollar for no real benefit, or the wage inequality with CSuites. Even people here are falling back into blaming people in their own wage bracket rather than looking at people who provide nothing or paid too much.
As someone who's worked the peon doing the shit to management, so much of the issue is rooted in insurance and government mandated oversight.
People love to hate on their manager making $20,000-40,000 more than them, but they're basically the same as you to everyone grifting or the 1%. Quit blaming them for living in a society that both WANTS and REQUIRES massive oversight.
Running a business ethically takes far more money than anyone wants to admit.
Running a business while making sure you follow all government regulations, codes, is insurable, and is cost efficient is even harder.
First, get rid of for profit insurance. They should all work as collectives.
Get rid of for profit healthcare and go single payer. Remove middlemen who provide no benefit. Quit overpaying shit like salesmen because they're a clear tick that shows more $$$$ and pay people nicely. A housekeeper making $40,000 shouldn't be $50,000 away from their manager and shouldn't be $400,000 or more away from their President. Quit overvaluing and paying a rich person to what amounts to having to have someone dedicated to sucking up to other rich people to stay alive.
Understand that the stock market only works with infinite growth. You will need to save up exactly what you plan to use in retirement without the magic of it or compounding interest and redistribute the wealth through unionizing, and collective bargaining.
Understand that all of it takes someone to lead and do it that will need to be paid as well. People want to live their lives happily, not sacrifice themselves and their life out of some noble goodness of their heart. Pay them appropriately and understand that if you're in these positions, you shouldn't be paid double what other people make just because you do important work. We all do.
Remember that it takes more people to run anything that we like to admit, and that often these regulations are there for a reason. Find the real fat, and cut it while you can.
Seriously though, blame for profit businesses that should just be government run if they're a requirement. Insurance/public health, safety/audit oversight, infrastructure, utilities, public health.
Push for cooperatives for things that can be more privatized but get sketchy when it's all government or full on for profit, like private land ownership, private schools, banking to credit unions.
I agree with the general thrust of what you're saying, but your comment includes several contradictions. You imply that $400,000 a year is far too high a salary for a president of a company, but then you suggest that we should pay top dollar for a competent leader. You say we shouldn't be angry at the manager making $40,000 more than us, but you also say to remove unnecessary middlemen.
Generally, I think all of that is unnecessary considerations. As you said, some things just require a lot of people to physically be present for oversight and require a lot of regulations. Where these things are necessary for society, they should be paid for at least in part by taxes. It is immoral to have the bulk of this labor be done on the backs of uncompensated people. It is also immoral to set them up such that only the very wealthy can afford them. The only way to reconcile these two economic facts are through making them a publicly funded service.