Well see that’s a good example. Ford is a profitable business, and should be paying their employees. All I’m pointing out is that the CEO’s salary - in the specific example of this business - does not represent a significant proportion of what is being taken from the average employee. That’s most likely going to the shareholders.
The CEO’s are partially to blame, but more blame lies with the shareholders, and also the legal system that mandates the CEO’s act in the interest of the hypothetical worst, most profit-hungry shareholder.
Personally I think there should be a law you can’t borrow to pay dividends. They must come from cash
Fucking absolutely. But that’s a drop in the bucket of financial fuckery that goes on, which is a very big elephant in the room.