this post was submitted on 16 Dec 2024
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[–] fckreddit@lemmy.ml 17 points 5 days ago (4 children)

Yeah. Meanwhile killing CEOs has no drawbacks because they do nothing of value and horde all the money which can be used for better than just choking the economy for everyone else.

[–] Flocklesscrow@lemm.ee 2 points 5 days ago

"Human dragon" is in perhaps a better descriptor for the analogy

[–] Jesus_666@lemmy.helios42.de 2 points 5 days ago* (last edited 5 days ago)

CEOs aren't solely at fault, though. The board of directors is responsible for setting broad policies which might involve increasing profit even at the cost of human lives. And most publicly traded corporations have mission statements that explicitly prioritize profit over all other concerns because otherwise their shares wouldn't be as attractive on the stock market.

Mind you, making the CEO job unattractive will make it harder to find people who implement board policies. But ultimately that's a punctual relief attempt for a systemic issue – the way the stock market operates. Things will not improve as long as we not just allow but require companies to increase profit no matter what.

[–] Demdaru@lemmy.world 2 points 5 days ago

Good CEO's lead companies to brighter future!

Well, whole two of them, so your chance to kill one by mistake is kinda low, go wild.

[–] GladiusB@lemmy.world 1 points 5 days ago (1 children)

I wouldn't say that they do nothing of value. Organizing companies has to happen. Is it worth their price? Not even fucking close. But crews cannot run themselves with efficiency. There has to be someone running the ship. But they do not deserve that much more. They get that by being corrupt and appeasing the investors MORE than making a company run correctly.

[–] orrk@lemmy.world 1 points 5 days ago (1 children)

most CEOs don't organize anything, that's ironically what middle management does. the CEOs job is to maximize the amount of value extracted for the feudal lords

[–] GladiusB@lemmy.world 1 points 5 days ago (1 children)

I beg to argue they organize the middle managers. Everyone answers to someone.

[–] orrk@lemmy.world 1 points 3 days ago

that's the fun part, they actually don't, most middle managers are the controlling instance already, and any case where they aren't is because the corporate structure has multiple upper level management layers further reducing contact to the CEO