He probably meant to compare opinion, apples and prices for apples. But I did not got what he was after.
If you stand at the assembly production line, and your boss sits in the office - could his work be so much more worth that it is justified that you are paid let's say 2000 dollars per month, while he maybe gets 2 million? And if he makes a bad decision and you loose your job and others must accept loan cuts, while he just is fired, but still is left with 2 million dollars multiplied by the number of months he worked there, is that just?
We need laws that managements must accept legal liabilities for the decisions they make. So far, they only could loose their jobs, as long as they did not act criminally so that they could be brought to court. Incompetence is something you are not held responsible for by your orivate savings. You have no risks in that position. Such new laws of course must include their private savings. It cannot be that the worker when causing the assembly line standing still for the second time is loosing his job and his family faces existential threats, while managers just get fired but taking all the money they made with them - ridiculous sums, often even with payments continuing for months or even years. that'S a way I want to be penalized - not needing to work, but still being payed, at least being left with the hundreds of thousands, or millions that I made! It is easy to make risky decisions and policies if you do not have anything private at stake. If your own existence also is at risk - could you imagine how quickly business would change and become more cautious, and interested in creating soldiity instead of quick profit, unlimited expansion and risky fusions? I can tell you!
As long as managers do not really risk anything themselves, they are just playing - monopoly. They can win real money, but they can only loose nothing. Don't be surprised that they do the way they do, then. when I drive in a race simulation, I do stunts and take risks I never would dare to try when driving a real car - with my own health and wellbeing at risk.
In the example in the beginning, I would like to see a difference in loans between the lowest and the highest jobs in a company i the range of a factor of about 10. I think that does far more justice and is more realistic, when comparing the advanatges and disadvanatges of both kinds of jobs - the administration, and the worker stadning hour for hour at the assembly line.
If I work with my head, and you work with your hands, is my job then more worth than yours? Or the other way around? Imagine the toilet cleaner or the craftsman maintaining your electrical systems, and water, and heating would no longer do their job. You would learn in record time how important they are.
P.S. a psychophysiological fact: the human brain is not able to form real representations of numbers in excess of some twenty only. But managers or politicians easily speak about millions, billions, and losses of these they just wave off. It is fair to say that they really do not know what they are talking about, from a physiologist's standpoint.
