Hello Khaled
The basic thought in modern day socialism is not that everyone should have the same amount of stuff no matter what they do, but as you say, that everyone should be paid according to their efforts, and yeah: what effort can possibly entitle someone to 1.000.000 a day?
The main point here is that the market, if allowed to roam freely, as has been proven over and over again throughout history always produces this imbalance, and the only way to solve it is to enforce regulations on the market. Because if we look at the system as such, the way the market works, there is nothing that prevents a few handful of people from gaining a ridiculous amount of profit - that they will never need - on the expense of millions of people who with their poverty and labour makes this excess possible for the top dogs.
Don't get me wrong, this system is built as a competitive system, and if some win, some have to loose, of course, and if you live in that kind of system, you can't really blame anyone for playing by the rules, even if the rules allow millions of people to die in starvation while some have 15 private jets - it's the giant, and we are just small parts of it. So I'm not preaching morals, there is no point to that.
I'm preaching rationality. From a MOQ view we can see how this giant needs to be redressed and changed in order to secure the supremacy of the intellectual level in a way that ensures a balance between the levels and that is not too rigid in order to be open for change. The intellectual level needs to step in and rein in the social level, and it's been trying to do that for a long time now - but it takes a long time in any case.
Even if you don't believe there is an option to the capitalist market and that with that we have reached the best system mankind can do, we still have to ensure the supremacy of the intellectual level and try to make all levels work in the best interest of the development of mankind, to facilitate the movement towards Quality - right? I mean, the market doesn't necessarily have to be the enemy of the intellectual and the biological level as it turns out to be now, if it can just be checked by intellectually guided rules.
Just - is there something about this you don't agree with? Regards Chris
Sorry, i lost my train of thought here. My theory about zero-net-gain is that when someone ( such as the CEOs you have been talking about) make million, those millions have to come from somewhere. Yes the bottom line is that the wealth is not evenly divided. So in order for someone to get super rich, someone has to be short changed. Oh i can already hear the outcries saying that I am advocating socialism and that we should all be making the same amount of money despite our efforts. NO. What I am saying is that NO effort merits a million dollars a day. That money that went to the CEO had to come from somewhere. It sure did not go to the share holders. Or those doing the day-to-day labor. In fact a CEO's pay get bigger if he is able to out source and lay off a few hundred employees. The zero-net-gain means that there is only so much money, land, recourses available for all. How you go about dividing is another story. yes Hard work should be rewarded accordingly. And no, if you don't work, there should be no welfare system to support you. If you work, you get rewarded. The Japanese used to have a rule ( or the story goes) that the highest paid exec did not make more than 7 times the lowest paid janitor. So these guys on the top ( remember Enron) rake it in, because someone else is not getting any. The other thing that I have an issue with is that these are PUBLICLY traded companies. We are talking about the CEO and not the owner of the company. Hey, if you invent something like the airbag, and you are the only manufacturer in the world until the patent runs out and you become a billionaire selling your product. GOOD FOR YOU. khaled
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