[quote=Leorocky]Why would you expect an individual to have any leverage over a corporation? Your leverage lies in how much the employer needs you – your skills. And yes “skills” are more than just technical know how and level of education It’s how you carry yourself, how you communicate, how you look and *gasp* who you know.
People don’t just get placed “in control of funds” unless they literally inheret a company or position. Those people have worked their way up the ladder and are trusted to be in those positions. The people you speak of bring profits to the table. The very reason for the existence of the corporation.
I honestly have never heard anyone say that labor/employment is a free market. You’ve advocated for a more free labor market numerous times. I would suggest its far from a free market but it works pretty well. As long as you require corporations to “bargain” with unions you will see corps do everything in their power to prevent unions.
As always, we’re threatened with crime and violence if we dont go along with ever increasing giveaways.[/quote]
You said in your above post that it was about skills, now it’s about how slick you are?
People in those positions of power do indeed “inherit” them, both in the literal sense, and figuratively. Everyone knows that it’s not what you know that will get you there; it’s all about who you know. There is very little correlation between compensation and skill sets, especially at the higher end.
And how, exactly, do you think these power players “bring profits to the table”? More often than not, they are taking those profits from employees, customers, and suppliers. Why do you think that makes them worthy of such high compensation? And why do you think those other parties should not be able to fight for their share of those profits?
If you’re looking for someone’s claim about the labor/employment market being a “free” market…suggesting that this is why workers are paid so little, read through this thread. That was CE’s claim, which is why I was refuting it, not arguing in favor of it.