Soldato
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By that logic, New Labour and the Coalition and the Conservatives have all supported some degree of Clause IV.
The labour Leader thread...
- Thread starter easyrider
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By that logic, New Labour and the Coalition and the Conservatives have all supported some degree of Clause IV.
I agree. I just worry that when people see a '£12M salary' they think the CEO is taking £1M a month. The realisty is almost always vastly different. Most of the total compensation will be in long term stock options received for good performance.
What 'good performance' means is up for debate but I agree, it should be closely tied to shareholder agreed KPIs
What a load of rubbish, where in his policies does it say everybody will get paid the same?.
This is pure fantasy.
Soldato
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That's true. However, for example, Martin Sorrell on that list received a basic pay of £1.1million. The rest is various share incentives and what not. £1.1 million is still a massive amount of money, and 179 times as much as his employees apparently. I think that's fundamentally wrong and sends the wrong message to both his employees and the customers of the company.
How much people earn isn't really an indicator of quality - wasn't Sir Fred Goodwin the highest paid CEO in the UK at the time of the financial crash.
People at the top like to pretend there's this global market competing for their skills which justifies their often obscene remuneration. This isn't the case when you look at the facts - the vast majority of CEOs of UK companies are Uk citizens, the vast majority of CEOs of French companies are French citizens and so on, and so on. The reality is that if there were some sort of wage cap for executives, a handful might move abroad, a handful would retire and the rest would stay and work for less.
I'm reminded of the alleged scenario when Derby County footballer Seth Johnson was in transfer talks with Leeds United. Johnson's agent told him they should be able to agree a salary of £20k a week. When they met the Leeds CEO Peter Ridsdale, Ridsdale is alleged to have said "We're prepared to offer you £35k a week and nothing less". Executive pay is a bit like that at the moment, everyone knows it's not functioning correctly - the market for CEOs is such that companies always have to be in the "top 25% for executive remuneration", which of course just leads to perpetually increasing rewards.
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In a Marxist system everyone would be paid the same - that is what he is if you listen to what he says.
Fundamentally he is a Marxist but even he realises that nobody would elect a Marxist party.
He doesn't seem to understand that without an incentive to work hard, nobody will work hard. In order to create a strong economy you need to have people aspiring to earn more money.
His method is to tax the **** out of rich people and then use that money to prop up those who can't be bothered to work hard - well nobody will because there will be no incentive.
What happens when the company is one that makes use of cheap labour outside the UK? Does that mean the CEO can only earn 20X the wage of his employees in Hungary?
Also, doesn't this mean that CEOs of companies that rely on minimum wage roles will be earning much less than say, a CEO of an IT professional services company?
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obviously some very bitter, poorly paid, jealous, left wing activists in this thread.
reading with despair.
It is incredibly worrying.
"Socialism is the philosophy of failure, the creed of ignorance and the gospel of envy."
obviously some very bitter, poorly paid, jealous, left wing activists in this thread.
reading with despair.
This.
wah wah wah i want everything for doing nothing because it's not fair
obviously some very bitter, poorly paid, jealous, left wing activists in this thread.
reading with despair.
Knowing the status of myself and some of the other posters you are referring to, I would say a more accurate assessment would be
obviously some very enlightened, well paid, magnanimous and charitable, left wing activists in this thread.
reading with hope for a better future.
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This.
wah wah wah i want everything for doing nothing because it's not fair
I'll just let everyone else do the work and sit back and reap the benefits.
Deleted member 66701
Deleted member 66701
Well, that's a myth as well. Wealth Hoarder would be more accurate.
We can both play that game:-
"Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone."
Well, I was was very well paid (I'm now retired at 37 and studying for a degree), I'm jealous of no one and not bitter at all. Do you want to try again?
But you are right on one thing - I'm deffinately a left wing activist
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obviously some very bitter, poorly paid, jealous, left wing activists in this thread.
reading with despair.
Do you think we live in a fair society?
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Total freedom is impossible so no.
However, the ability for you to earn as much money as you want would seem to imply some level of freedom, which ironically Jeremy Corbyn wants to reduce.
obviously some very bitter, poorly paid, jealous, left wing activists in this thread.
reading with despair.
I'm not overly worried as the number of proper socialists diminish over the decades as this country generally become richer. socialism was popular in the 70's and 80's as we were genuinely the 'sick man of Europe' until Thatcher came about and shook things up, it took a while but it changed things and made the UK one of the world economic power-houses.
Now people are more in tune with making sure we stay that way so socialism is no longer popular, even the poorest in society are richer and more well looked after than 90% of the world's population, the bleating are from the minority is just a handful with tunnel vision. Notice it's only the same handful that support labour here that spam these thread. No more then a dozen or so out of the hundreds that visit and post in these forums.
Labour cannot win in the modern age without being in the centre and never again on a socialist ticket, which is what Corbyn is offering, the core vote loves his ideas, but they don't even realise how small the core vote is.
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Deleted member 66701
Deleted member 66701
So how do you explain the resurgence of Socialist parties and thier return to governments all over Europe in the last few years?
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In extreme times, people look to extreme political viewpoints.
Happened in Germany in 1930, happened in Greece in 2015.