"So, say, a CEO who is hired to run a company and assumes no financial risk on their own for doing so has "earned" the right to 40x more salary than the people who actually make the products? Somehow that doesn't seem right. Do they work forty times harder? Forty times more? Neither is physically possible. Do they assume forty times as much risk? Having seen more than a few golden parachute deals, I think it's obvious that they don't."
It's not for you to decide, because it's not your money. Why do you think you should have the right to decide how someone else (company or person) spends their money? If you don't like this fact, work somewhere else and don't buy their products.
"Most business people are saavy enough to start their businesses with other people's money. "
Many people also don't need VC. See: every company that's bootstrapped.
"He must agree to a salary somewhere if he wants to eat and have a place to live. This is not choice. It's not overt force either, but it does have something of coercion about it."
You seem to have lots of opinions on our current system, but no idea how you could make it better.
"Most people could not afford such equipment even if they are inclined to use it. They therefore have no choice but to work for someone else."
It depends on the industry. Have you heard of bank loans?
"This is an ad hominem. I have not stated anywhere that I or anyone else are entitled to anything, nor would I ever."
I don't need you to state it. I can see it all over your posts. Using words like "ad hominem" doesn't change this fact.
"This much is blatantly obvious. And?"
you probably haven't actually looked into it. If you had, you might not
"More ad hominem. Also the issues being addressed by the author are bigger than his own life. He states as much if you actually read it carefully."
I'm beginning to think you don't actually know what that word means. I read the article carefully. He's trying to make it look like the world is a terrible place based on his own experiences. If you based our entire system on his experience, it will look bad. However, when you take a step back and look at it as a whole, it's pretty damn good.
It's not for you to decide, because it's not your money. Why do you think you should have the right to decide how someone else (company or person) spends their money? If you don't like this fact, work somewhere else and don't buy their products.
"Most business people are saavy enough to start their businesses with other people's money. "
Many people also don't need VC. See: every company that's bootstrapped.
"He must agree to a salary somewhere if he wants to eat and have a place to live. This is not choice. It's not overt force either, but it does have something of coercion about it."
You seem to have lots of opinions on our current system, but no idea how you could make it better.
"Most people could not afford such equipment even if they are inclined to use it. They therefore have no choice but to work for someone else."
It depends on the industry. Have you heard of bank loans?
"This is an ad hominem. I have not stated anywhere that I or anyone else are entitled to anything, nor would I ever."
I don't need you to state it. I can see it all over your posts. Using words like "ad hominem" doesn't change this fact.
"This much is blatantly obvious. And?"
you probably haven't actually looked into it. If you had, you might not
"More ad hominem. Also the issues being addressed by the author are bigger than his own life. He states as much if you actually read it carefully."
I'm beginning to think you don't actually know what that word means. I read the article carefully. He's trying to make it look like the world is a terrible place based on his own experiences. If you based our entire system on his experience, it will look bad. However, when you take a step back and look at it as a whole, it's pretty damn good.