Entry tags:
(no subject)
So, there's a managerial elite of board members and chief officers that controls all the publicly quoted companies in the UK. We're told that they are so good at managing, that they are worth what would be otherwise ludicrous sums. If they weren't being paid $BIGNUMBER or if they had to pay very slightly more in tax, they may as well not bother getting out of bed.
This may seem disingenuous on their part. But let's take it at face value. They have been paid enough previously to now be independently wealthy. None of them ever needs to work again, at a practical level. So, they can take it or leave it. In that case, wasn't it a massive mistake to pay such people - whose talent is such that the country would be screwed without them - enough money that they could quit after a year, in the first place? Shouldn't they have been kept at wage-slave levels to induce them to work, like everyone else?
This may seem disingenuous on their part. But let's take it at face value. They have been paid enough previously to now be independently wealthy. None of them ever needs to work again, at a practical level. So, they can take it or leave it. In that case, wasn't it a massive mistake to pay such people - whose talent is such that the country would be screwed without them - enough money that they could quit after a year, in the first place? Shouldn't they have been kept at wage-slave levels to induce them to work, like everyone else?