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Post Reply Is it no longer a big deal to be a millionaire?
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49 / F / Center of the Uni...
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Posted 8/8/15 , edited 8/8/15

biscuitnote wrote:


papagolfwhiskey wrote:


biscuitnote wrote:


Are you seriously suggesting every company is run like enron?


No. I'm stating outright that those well paid RESPONSIBLE people are not held accountable for their responsibilties



Enron was a SCAM not a legitimate business. Practically every business exists to provide a service to the customer nothing more nothing less.


No they exist to provide profit to the shareholders.

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Posted 8/8/15
Which provides a service to the consumer. Tell me how I am worse off with having dozens of choices for food and entertainment?
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Posted 8/8/15
Not really no. Any University graduate that works for the private sector should have about $2-5 million in saving by retirement to live a decent life off the income. A government employee should have $1-2 million and the pension to live off the benefits of that.

Personally, at the age of 22, I have $221k in savings already. Some of it will go to my masters, the rest to investing. Just play it smart after you graduate and you will be fine.

Also, in todays society, if you work hard University, getting a $30-50k scholarship off the bat shouldn't be hard and you can apply for more after that. For those that live in Europe.. $300ish a semester for University is easily worth the pay (I know France is free and Germany is going for free).

I think it all comes down to motivation and upbringing.
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Posted 8/9/15
I will be once someone would buy my kidney!
Any here?
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Posted 8/9/15 , edited 8/9/15
Hell yeah. A million can buy you a whole lot in this world, as long as your expectations are reasonable.
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Posted 8/9/15

biscuitnote wrote:

Which provides a service to the consumer. Tell me how I am worse off with having dozens of choices for food and entertainment?


What has market diversity to do with corporate selfishness or wage disparity?

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Posted 8/9/15

papagolfwhiskey wrote:


biscuitnote wrote:

Which provides a service to the consumer. Tell me how I am worse off with having dozens of choices for food and entertainment?


What has market diversity to do with corporate selfishness or wage disparity?



Why does wage disparity matter there is not a fixed amount of income available? Corporate selfishness just sounds like a liberal buzz word corporations exist to make a profit and this is done providing a service. So "corporate selfishness" provides a higher standard of living for everyone.
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Posted 8/9/15 , edited 8/9/15
Wish i could be a millionaire!
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Posted 8/9/15

biscuitnote wrote:


papagolfwhiskey wrote:


biscuitnote wrote:

Which provides a service to the consumer. Tell me how I am worse off with having dozens of choices for food and entertainment?


What has market diversity to do with corporate selfishness or wage disparity?



Why does wage disparity matter there is not a fixed amount of income available? Corporate selfishness just sounds like a liberal buzz word corporations exist to make a profit and this is done providing a service. So "corporate selfishness" provides a higher standard of living for everyone.


Sorry I don't buy that. And I doubt you can prove that since countries that corral their corporations have better living standards. I also don't buy and doubt you can convince me with the standard right wing arguments you used so far, that wage disparity is just. I refuse to accept that some suit in an office is worth 50 times as much as the people doing the work. The game is rigged it's not as simple as you portray.

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Posted 8/9/15

papagolfwhiskey wrote:


biscuitnote wrote:


papagolfwhiskey wrote:


biscuitnote wrote:

Which provides a service to the consumer. Tell me how I am worse off with having dozens of choices for food and entertainment?


What has market diversity to do with corporate selfishness or wage disparity?



Why does wage disparity matter there is not a fixed amount of income available? Corporate selfishness just sounds like a liberal buzz word corporations exist to make a profit and this is done providing a service. So "corporate selfishness" provides a higher standard of living for everyone.


Sorry I don't buy that. And I doubt you can prove that since countries that corral their corporations have better living standards. I also don't buy and doubt you can convince me with the standard right wing arguments you used so far, that wage disparity is just. I refuse to accept that some suit in an office is worth 50 times as much as the people doing the work. The game is rigged it's not as simple as you portray.



It is indeed very simple if you don't like your current wage quit and do something else. Also managing a large corporation is very taxing and they are indeed paid what they are worth I doubt you would be able to do it. I agree that the playing field is uneven but that is a result of some people being more intelligent than others and they are rewarded accordingly. I don't buy the left wing nonsense that everyone is equal and we need to reward shitty work with good pay its backwards and won't move us forward.
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Posted 8/9/15

biscuitnote wrote:


It is indeed very simple if you don't like your current wage quit and do something else. Also managing a large corporation is very taxing and they are indeed paid what they are worth I doubt you would be able to do it. I agree that the playing field is uneven but that is a result of some people being more intelligent than others and they are rewarded accordingly. I don't buy the left wing nonsense that everyone is equal and we need to reward shitty work with good pay its backwards and won't move us forward.


We are going to have to agree to disagree.
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24 / M / USA
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Posted 8/9/15
Fair enough
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Posted 8/9/15 , edited 8/9/15

biscuitnote wrote:


papagolfwhiskey wrote:


biscuitnote wrote:


papagolfwhiskey wrote:


biscuitnote wrote:

Which provides a service to the consumer. Tell me how I am worse off with having dozens of choices for food and entertainment?


What has market diversity to do with corporate selfishness or wage disparity?



Why does wage disparity matter there is not a fixed amount of income available? Corporate selfishness just sounds like a liberal buzz word corporations exist to make a profit and this is done providing a service. So "corporate selfishness" provides a higher standard of living for everyone.


Sorry I don't buy that. And I doubt you can prove that since countries that corral their corporations have better living standards. I also don't buy and doubt you can convince me with the standard right wing arguments you used so far, that wage disparity is just. I refuse to accept that some suit in an office is worth 50 times as much as the people doing the work. The game is rigged it's not as simple as you portray.



It is indeed very simple if you don't like your current wage quit and do something else. Also managing a large corporation is very taxing and they are indeed paid what they are worth I doubt you would be able to do it. I agree that the playing field is uneven but that is a result of some people being more intelligent than others and they are rewarded accordingly. I don't buy the left wing nonsense that everyone is equal and we need to reward shitty work with good pay its backwards and won't move us forward.


Um, shareholders only offer large salary's because it's the only way to attract young talented CEO's and keep their salaries competitive. If shareholders could get away with paying them around 50k a year, oh believe me they wouldn't hesitate to make it happen. You are sorely mistaken if you believe those CEO's they replace left and right are worth millions of dollars in the shareholders eyes. Anyone can be replaced in the business world,CEOs are no exception. That's where you are wrong if you think the "intelligence" they hold is the reason they get paid so much.

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Posted 8/9/15
A million is nothing these days.
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Posted 8/9/15 , edited 8/9/15


Well intelligence and work ethic you get out what you put into it. Employees are paid what they bring to the table in the market. Not everyone makes CEO wages and thats ok not everyone wants to work 100 hours a week and manage thousands of workers.
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