427
unnecessary expense
(lemmy.blahaj.zone)
cross-posted from: https://lemmy.blahaj.zone/post/24651479
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this post was submitted on 16 Apr 2025
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Work Reform
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A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.
Our Philosophies:
- All workers must be paid a living wage for their labor.
- Income inequality is the main cause of lower living standards.
- Workers must join together and fight back for what is rightfully theirs.
- We must not be divided and conquered. Workers gain the most when they focus on unifying issues.
Our Goals
- Higher wages for underpaid workers.
- Better worker representation, including but not limited to unions.
- Better and fewer working hours.
- Stimulating a massive wave of worker organizing in the United States and beyond.
- Organizing and supporting political causes and campaigns that put workers first.
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You are quite ignorant yourself.
Executive compensation is ALWAYS a question that is voted on during shareholder meetings. Guess who owns majority stock?
Depends on the company.
Tim Cook, CEO of Apple, owns 0.02% of Apple for example. This is #1 largest company in the world.
Satya Nadella, CEO of Microsoft, owns 0.01% of Microsoft. This is the 2nd largest company in the world.
Jensen Huang is 3.5% of NVidia a serious level of ownership but a far cry from controlling the board. 3rd largest company but the biggest shareholder is Vanguard group at over 8%.
Institutional banks have the largest leeway, by far, in all of these companies. Understanding the voting structure of these companies is important if you don't want to sound like an ignorant dumbass.
Yeah, there's your Elon Musks and whatnot as exceptions. But they're really rare even in the scope of top companies of the SP500 and whatnot.
Those evil boards, FORCING ungodly sums of money into a poor CEO's pocket :(
Non sequitur and you know it. Hopeless blathering hoping to find some way to make this meme correct.
Just rewrite the meme correctly from the start so that it's actually a reflection of reality rather than a reflection of ignorance.
These low effort memes are just that. Low effort communication. Misinformation is bad in all regards and if shitty incorrect arguments are all that is needed to convince you of .... whatever this is.... then you're an ignorant uneducated fucked citizen. Surely you see the problem here?