this post was submitted on 01 Nov 2024
727 points (96.0% liked)

Work Reform

9991 readers
142 users here now

A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.

Our Philosophies:

Our Goals

founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[โ€“] dream_weasel@sh.itjust.works 1 points 1 week ago (1 children)

In a very real sense the money doesn't even exist. It's the worth of their holdings.... Which for some reason they can often borrow against... that adds the extra 2 or 3 zeros.

Yeah, that's why I specifically mentioned dividends. A lot of executives are also paid bonuses on their salaries based on stock performance, so they can "double dip" in these cases too. This is on top of lobbying for deregulation.

Must be great to not have to worry about money and be able to simply fire other people if it ever becomes a concern; it just further goes to show that these people don't actually add value to even their own companies.