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Joined 2 years ago
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Cake day: June 14th, 2023

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  • Okay, so think about it like this:

    Suppose your job is making wooden chairs. It’s takes you the exact same skills to make a wooden chair to sell for profit, as it does to make a wooden chair to donate to a chairless children’s charity, right? So why would you spend all your time and skills doing a job that’s eventually going to bankrupt you? While you might do a few chairs because you feel like it’s morally right, the bulk of your work is going to be selling chairs because that’s how you sustain yourself.

    CEOs are in the same situation. A 500-person for-profit company takes the exact same skill set to run as a 500-person non-profit. So the reality is that non-profits need to either be competitive in pay with for-profits, or they have to be attractive in ways other than compensation so they can entice CEOs to work for them.

    Now, none of that is to say that the scale of CEO compensation is appropriate, because it’s not. But that’s the calculus a non-profit has to make.




  • Look, I’m not going to defend capitalism, but

    As we’ve all seen, those with wealth use it to hide it away from taxes and to bribe for relaxed regulations or regulations to stop competitors appearing.

    Is not a problem inherent to capitalism. All of that stems from human greed, which you’re going to have no matter what economic system you try to implement. The solution is to have actual enforcement of your regulatory guardrails.













  • Billiam@lemmy.worldtoPolitical Memes@lemmy.worldNevar Forget
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    2 months ago

    One day we might even be able to elect a candidate who isn’t the “lesser evil”

    Literally impossible in the US unless one of two things happen. Either:

    1. Both the current major parties fracture, and the resulting two parties that will occur thereafter align themselves on axes that are dissimilar to the ones that the current two parties are aligned on, or

    2. Laws are passed to remove FPTP and winner take all so that not voting for a Republican or Democrat has an actual influence on the vote.

    The current system in the US is statistically proven to result in two majority parties controlling the government. The only effect that voting third-party does now is to spoil the votes for the majority-party candidate most closely aligned with that third-party.