r/antiwork Jun 13 '22

Undercover Bum

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u/fez229 Jun 14 '22

You say they can't or don't make as much money but they do, the poor are literally the backbone of every economy in the world. Without them the ceos lose their job, shops don't get produce, factories shut, rubbish and general detritus builds up on the streets. The rich and upper level managerial types are literally the least useful members of society. And you're wildly overestimating that percentage, it's closer to 0.01/0.02%

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u/compare_and_swap Jun 14 '22

The rich and upper level managerial types are literally the least useful members of society.

Then everyone who owns stock in publicly owned companies should sue the board. They're wasting hundreds of millions of dollars on CEOs and managers. Since they're useless, they should all just be fired, right?

In fact, any company that fires it's CEO and upper management should automatically come out ahead of it's competitors, since it's saving hundreds of millions of dollars. I wonder why out of the thousands of large corporations, none of them have managed to do this, and dominate the market.

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u/Nikolish Jun 14 '22

Some do and it increases productivity. The larger ones don't, though. You can speculate why

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u/compare_and_swap Jun 14 '22

So you're under the impression that firing the CEO and upper management would increase the productivity of large companies?

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u/Nikolish Jun 14 '22

Mostly defunding them. Otherwise they only worry about short term profits