Would you give up everything short of your basic living necessities to feed this man? This means no house, no car, no university, no expensive food and no clothes bought from anywhere but vinnies.
If your thesis is that some exceptionally rich people make bad decisions which are easily perceived with the benefit of hindsight, I don't think anybody has beef with that. My argument, however, is that on the whole having very rich people isn't a negative thing, and to characterise them as...
If you took all the people who are paid as much as he was, and averaged out the amount the companies they lead increased in value, you'd have a very solid surplus. It'd be like saying that just because 9/10 business ideas come to nothing we shouldn't try anything new, these are simply...
So he's not making money from it anymore. Are you honestly telling me, without the benefit of hindsight, that appointing him was an inappropriate risk? He was highly successful in his prior post as CEO of Orange.
One does not generally get into a CEO's chair without proving themselves at lower management levels, and one does not remain there by fucking everything up.
How come everyone can afford to live with their takehome knocked down by compulsory super today, but 20 years ago they couldn't possibly conceive of putting that 9% away for their retirement?
So you think those below them would be equally productive without any guidance from those in management? If so how come we don't see 'collectives' as the predominant productive force in society (given that logically a product without the overheads of huge executive bonuses would be more...