if your CEO had to work half as hard as you they would have a panic attack
The hardest workers get the smallest pay.
Submitted 1 year ago by STRIKINGdebate2@lemmy.world to workreform@lemmy.world
https://lemmy.world/pictrs/image/a766a2f1-46b9-4278-b3b5-a98e1d05e6ad.jpeg
Comments
metaStatic@kbin.social 1 year ago
Showroom7561@lemmy.ca 1 year ago
And they would most certainly not have enough time to shit post on Twitter day and night, or be a good father to nearly a dozen kids.
Seasoned_Greetings@lemm.ee 1 year ago
Dude, this is depressingly true even on the smallest scale. I work for a guy who employs 6 people. He owns his business. We had him come out on site to help us one single time last summer and almost had a heatstroke doing what the rest of us do every day. But he’s the one who makes the phone calls and signs the checks so he makes a lot more than us.
CeeBee@lemmy.world 1 year ago
In all fairness, this doesn’t sound like an exactly fair comparison. If it’s a small business with only 6 people (7 including the owner) then he’s a lot more exposed financially than a larger company. It means he doesn’t have any of the protections that a larger or incorporated company would benefit from. If anything major goes sideways, then he’s finished. The workers can, in theory, pick up and go find a new job somewhere, but the owner could be financially ruined (this happened to my dad and he never recovered. Although to be fair to him, he busted his back working alongside everyone else, sometimes even longer than them).
The amount someone gets paid isn’t always a direct ratio for how much physical effort they put into something.
I don’t know your boss or anything, so I’m not trying to contradict you, I’m just pointing out something that came to my mind.
admiralteal@kbin.social 1 year ago
A lot of billionaires do wake up at 5AM.
I'm confident that a lot of them -- probably most of them -- do indeed work very hard, in every sense. Whether effective at their tasks or just fucking lucky (almost always the latter), the ones we know about do put in the hours. Hording wealth is their profession, hobby, and entire life all wrapped up in one.
But if the average lifetime earnings of the typical American is around $1 mil you would need to work 1,000 times harder than them to just barely qualify as a billionaire in America by the time you retire. The average American works somewhere around 35 hours a week, so is the average billionaire working 3,500 hours a week? I suspect not.
There's no point or value in calling a billionaire lazy. It may or may not be true, but it ignores the point. It does not matter how hard anyone works. You don't get to a billion ethically.
Moneo@lemmy.world 1 year ago
I fucking hate these posts so much, they are obnoxious and misguided. Whether or not a CEO wakes up at 5am every day, or works as hard is completely irrelevant to solving the wealth inequality issues we face. We are allowing an absolute minuscule fraction of the population to gather wealth and allowing them to use their wealth to assert control over politics and the economy. Focus on that, not fantasies about how much smarter and harder working you are than CEOs.
Showroom7561@lemmy.ca 1 year ago
While not often billionaires, if there’s one thing I’ve learned from watching Undercover Boss is that most bosses wouldn’t be able to handle the workload that they expect their min wage employees to on a daily basis.
And that’s on top of the struggle that nearly every one of those min wage employees are going through in their life, which is infinitely more difficult than the problems of a rich person.
I don’t think that all billionaires are lazy, but I also don’t think they could do the work of their lowest paid employees.
admiralteal@kbin.social 1 year ago
Absent the coercion brought on by the threat of starvation, illness, and homelessness, most people wouldn't be able to handle a lot of minimum wage jobs. They wear down your body and soul. But having a gun pointed at you and your family is a hell of a motivator.
Who cares, though? Laziness is not the problem with billionaires. I wish for everyone to live in a world where they can get away with being "lazy". Where they can pursue their passions and refuse to do the tasks that make life a drudge.
The wealth hoarding is the problem. Even if every single billionaire was provably the hardest worker in their company, it doesn't change how I feel about the inequality.
pomodoro_longbreak@sh.itjust.works 1 year ago
The key part of the picture for me was they can “wake up whenever they want,” which is true. But yeah a lot of “business guys” are natural workaholics. It’s like most of their socialising and esteem and actualisation, all wrapped into one.
Of course they still shouldn’t exist. They could do just as well as millionaire workaholics.
STRIKINGdebate2@lemmy.world 1 year ago
Why would anyone wake up at half 5 if they didn’t have to? You only wake at half 5 if you have to. You may find the odd person who likes being up that early but 99% of people would want to get up at a proper time.
CrazyEddie041@kbin.social 1 year ago
The difference is that workers have to get up at 5am to keep their housing, food, healthcare, etc. Billionaires get up whenever they want, and some might want to get up at 5am.
ghostdoggtv@lemmy.world 1 year ago
I have a dog and 5 cats, and they don’t fuck with the time change
Lamb@lemmy.zip 1 year ago
I woke up at 5 am every day when I wasn’t depressed, because I was going to bed early and I’d wake up with the sun. It was fun while it lasted, which wasn’t long.
gnate@lemmy.world 1 year ago
Well, some of them are psychopaths, and definitely outside of the middle 99% of societal norms. There are also those who think getting 4 hours of sleep per night doesn’t affect their judgement, but who are they to say? I think we had one off those in the White House, but such claims are as suspect as any of the others (like being wealthy.)
danc4498@lemmy.world 1 year ago
I always love when billionaires say they know so much because they read so many books. How the eff do you have so much time to read books? 8 hours a day I’m working, and the rest of the time I’m moving my kids from place to place. You think I can focus on a book in my hour of downtime?
AMillionNames@sh.itjust.works 1 year ago
Those people serve society whereas millionaires do what they wouldn’t, milk it for all that they can.
Number1SummerJam@lemmy.world 1 year ago
The wealthiest people that I know (definitely not billionaire range) work a lot more hours compared to me, but most of them consist of consulting, meetings, traveling, and virtual meetings while traveling- it seems like they’re constantly on the phone. They’re happy to interact with lower stature people to get a feel of how people generally feel about the times and politics. They’re also generous, but not too generous- they get anxious around really poor people. They fly A LOT too- if you’re flying a domestic flight between cities you’re probably sharing a cabin with a super rich person. Definitely not a billionaire with a private jet though.
FriendOfElphaba@sh.itjust.works 1 year ago
What they don’t tell you is that the scope of failure when your job is “meetings” has a lot more leniency.
If you tell someone to do something, and some other team two levels below that has to do it, you have an incredible amount of buffer for blame. Now, if you’re an Elon telling people to make gullible wing doors or make a truck out of stainless steel or not to use lidar, that’s kind of on you. If you’re telling people to overvalue your real estate to conduct illegal business and enter fraudulently into contracts, that’s also on you.
For the most part, though, there’s so many levels of indirection between the c-suite and what actually gets done that it’s really hard to give credit or blame for anything but “leadership.”
whofearsthenight@lemm.ee 1 year ago
This is I think the case mostly for bad leaders. Good leaders share credit and take the blame. This is why your examples are good ones. Elon isn’t responsible for the site instability, that was the old management that allowed bad infrastructure (neverminding Elon firing 80% of the staff, only retaining those held hostage by their H1B, everyone with the slightest clue knowing that was inevitable, and that previous to Elon’s management twitter had been rock solid for 5-10 years.) It’s not Trump’s fault the economy crashed, unemployment went through the roof, supply chains fell apart, that was all COVID! Which of course had nothing to do with his complete and utter mismanagement of it in spite of having a playbook literally written for him. But he will take 100% credit for operation lightspeed, which he apparently came up with all by himself in between genius ideas like shoving a light bulb up your ass, drinking bleach, or just closing your eyes and putting your fingers in your ears and going “la la la” because the real problem was that we testing for COVID, not that COVID existed and was killing people.
It’s something I am honestly surprised that people don’t see through immediately. I have a massively, and I can’t overstate this enough, massively less important role, and this behavior wouldn’t be tolerated. If I went to my boss and said something like “I’m sorry we missed the numbers this quarter, Johnson really fucked me” I’d probably be fired right there. Good leaders have to own their decisions. If you empower someone who fucks up, it’s still your fuck up. If a toddler shoots someone, you don’t go “man that kid really should know gun safety” you say “wow which adult was entirely irresponsible/negligent?”
The only value high level leaders provide is in the decision making, and they own all of them. Like, no one on earth is or ever will be qualified to be president. You have to be an expert in fields it takes people entire lifetimes to be good at. Your job is to assemble a team of experts and smart people, and hopefully when they present you with different options you choose the best one. But you the leader still choose, and that’s the whole role. If you also want to abdicate responsibility, literally what is the point of CEOs? Especially ones paid a few bajillion dollars more than the rest of us?
deadsenator@lemmy.ca 1 year ago
I had a chuckle at “gullible wing doors”.
Nobsi@feddit.de 1 year ago
I definitely work more than my employees. I don’t allow them to do more than 40 hours a week while I do 55 to 60. I don’t crawl on the floor laying cable or lift servers all day but it is still work…
Number1SummerJam@lemmy.world 1 year ago
The majority of my bosses worked a lot more than me, to the point where I don’t even know how they stayed awake. At my current job, the workplace is falling apart because the upper management refuses to work long hours like that while us lower staff deal with the aftermath. I love bashing on rich people, but a lot of them (semi-rich) worked hard to get where they are and in a way deserve it. You sound like a good boss- I wish more places understood that taking on more responsibility means more dedication and more hours instead of getting to boss people around.
doingthestuff@lemmy.world 1 year ago
Shit, it’s 4am for real
Tygr@lemmy.world 1 year ago
This is big time misinformation.
This is looking at the current and forgetting how hard the billionaire worked to get where they are over many decades.
Only time this is accurate is if they are a trust fund kid that is draining the funds and not adding back to society.
For the purposes of those reading this, if your goal is wealth through capitalism, you need to ignore them anyways.
TL/DR: You need to hustle but do it in your own business, not building someone else’s. Just prepare for 16 hour work days for little pay for at least a couple years to get the business off the ground.
Starglasses@lemmy.blahaj.zone 1 year ago
But I don’t want to hustle 16-hour days to make it. I want to be at peace and keep teaching kids.
I am leaving the job because it doesn’t pay enough though. Rent for a studio in the city I work for would consume more than 50% of my income. They need people to teach their kids, but I’m priced out of the very city I serve.
The world has enough resources already produced to feed, clothe, and house every person on earth. What’s the point of working yourself ragged just so you can have what is already available sitting somewhere unused.
blazera@kbin.social 1 year ago
Capitalism is like a program with a glitch. Resources are distributed based on capital. But capital is a resource. So theres a feedback loop of the people with the most capital gaining more and more capital.
ghostdoggtv@lemmy.world 1 year ago
The glitch is a memory leak and the lack of necessary shared resources causes the whole system to slowly, eventually and completely crash.
surewhynotlem@lemmy.world 1 year ago
The guillotine is a fantastic garbage collector, but it seems to trigger randomly. I’ll raise a bug report.
e_t_@kbin.pithyphrase.net 1 year ago
I often think of it like blood. Blood has to be continually flowing for a body to live. It's right and natural that there should be more of it in some places than others. The parts of the body that work the hardest usually need a lot of blood. But if blood starts pooling anywhere, you've got a problem. Or really, you've got two problems: there's not enough blood everywhere else and the blood in the pool turns sour.
PhlubbaDubba@lemm.ee 1 year ago
Nah, taxation and distribution via social programs and infrastructure development are supposed to be the balance, but the devs only listened to the power gamers and removed the game balance in their benefit while ignoring the actual player base.