Late Stage Capitalism
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As long as the profit margin isn't to right I think it is ethical for companies to make a slight profit
Slight profit I've got no issue with, but if you make a slight profit because the CEO pockets 100m a year then clearly there's a fucking issue, get rid of the CEO and make 100m more in profit that you can actually use to improve your product OR get rid of that CEO and make it cheaper for your customers to purchase your product and end up with the same profit.
Depends, the market for a high quality CEO is really competitive and they are at least for most companies still needed for the overall strategie and coherent direction. I understand your point tho in discrepancy between workers and CEO wage. A company usually doesn't do this just to make their CEO rich, they do it as shareholders because they think it is in their best interest
Funny how you've got crown corporations making billions in profit with a CEO making under a million a year 🤷