> At 08:47 AM 7/9/97 -0700, James Michael Craven wrote: > [SNIP] > >purported CEO "marginal productivity" or MRP. Often, behind the slick > >suits, executive penthouses and the trappings of executive power, one > >finds individuals who might best be described as fluff n' puff, > >predatory, machiavellian, superficial, sycophantic, calculating, > >narrow, myopic, cliche-based, corporate creatures whose real MRPs, if > >they could be really calculated, would be closer to that of a pimp or > >a counter person at Mc Donalds. Just watch some of these business > >programs and when these imperial creatures deign to give an interview- > >-highly structured and mostly softball questions--many > >unintentionally reveal themselves to be quite empty and devoid of > >substance. > > > > Jim: You do an injustice to the hard-working minimum wage workers at > McDonalds. Unlike the CEOs about whom you speak, they actually work for > wages, earn their paychecks, and suffer the indignities of fast-food > exploitation. By comparison, CEOs are just large-scale thieves. > > In solidarity, > Michael Michael, I know exactly what you are saying and that thought crossed my mind before I wrote what I wrote. The MRP of a typical Mc Donald's worker is relatively low in money terms (MPP X relatively low-priced output) not in physical productivity terms--you-re right they do wok hard; my comment was about the money value of the MRP of the CEO. In fact, I would argue that many of these CEO's and their downsizing/hollowing out actually damage the long-run productivity and competitiveness of the firms they oversee and therefore maybe their MRPs are even negative. I do note and share the sentiments you express. I hope that my writing indicates attitudes and a paradigm such that I would never demean or diminish those who really work for a living and do really generate tangible products and productivity. Jim Craven *------------------------------------------------------------------* * James Craven * " For those who have fought for it, * * Dept of Economics * freedom has a taste the protected * * Clark College * will never know." * * 1800 E. McLoughlin Blvd. * Otto von Bismark * * Vancouver, Wa. 98663 * * * (360) 992-2283 * * * [EMAIL PROTECTED] * * * MY EMPLOYER HAS NO ASSOCIATION WITH MY PRIVATE/PROTECTED OPINION *