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Reply #104: I like what you said about Corporations [View All]

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Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
Nederland Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-19-04 04:24 PM
Response to Reply #96
104. I like what you said about Corporations
Many positions here are indeed reasonable but end up being framed in a manner where only the minority can completely support them. I think most people can see the problem and injustice with a CEO of a losing company making 500 times the worker's pay but when you start talking about pulling corporate charters to spite those CEO's to the detriment of those workers, people aren't going to get on board...nobody wants to be complicit in their own demise but for the people cited in my first point to you above.

I agree with this completely. I recognize that on economic issues I hold views that are well to the right of many people here. However, I'd like to think that those views are far more typical of the average voter. Like most people, I'm disgusted by the ridiculous salaries that many CEO's pull in. However, I'm opposed to pulling corporate charters or even government mandated salary caps. Would I be in favor of preventing state and union pension plans from investing in companies that pay their CEO's more than 50 times what their average work makes? Sure. That's the difference between a belief that the system is broken versus the belief that the system is fundamentally flawed. The later view, while rare among the general population, is common here.
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