Posted
From the article:
“The American Dream and Other Fairy Tales,” an activist-minded documentary about the pay gap between corporate haves and have-nots, will premiere on Monday as part of the Sundance Film Festival, which is being held digitally because of the pandemic. Ms. Disney and Kathleen Hughes directed the film; Ms. Disney’s sister, Susan Disney Lord, and a brother, Tim, are among the executive producers. The movie positions the entertainment company that bears their name as “ground zero of the widening inequality in America.”
Read more from The New York Times.
By the way, if you want to hear why Iger was winning, this is a solid interview:
Jeff - Editor - CoasterBuzz.com - My Blog
His Oprah interview was very good too. Got into some of the personal issues he was dealing with while he was dealing with the aftermath of the alligator attack near the Grand Floridian. Sobering.
Jeff said :.. "because Bob Iger" is not a solution, because it's not even the problem.
I absolutely agree. I think Bob Iger (and he's far from the worst) is a symptom.
And I freely acknowledge that as much as I hate most of capitalism, it's the only economic system under which Disneyland was invented.
Capitalism isn't inherently bad; Dogmatic absolute interpretation about what that means is. We can have capitalism and still have healthcare for everyone. We can still have capitalism and mitigate poverty. We can have capitalism and still maintain some measure of equity. We just choose not too.
Jeff - Editor - CoasterBuzz.com - My Blog
What economic system has lifted more people out of poverty than capitalism/free markets?
Its not perfect. Nothing is. Can change and be tweaked (and has). But risk is its all a web that is interconnected. Its a challenge to keep the good and eliminate the bad. Risk of making things worse. And protections against people acting in their self interests are put in place by people acting in their self intersts (and who often are clueless about anything economics -- but just like our health care policies are set by politicians not healthcare experts, our economic policies are also set by those same politicians).
None of that is to say we shouldn't try. We should. But its not like we have done nothing over the page 50 years.
Jeff said:
But why should it upset you? Again, this is not a zero-sum game. It's true, this is not a meritocracy, I get it. But the existence of well paid executives does not affect you or me.
It does in fact. They tend to throw their weight around politically and otherwise.
And because execs typically are overpaid.
Not to be a broken record, but overpaid according to whom? There is no upper limit to earnings in the system. Who gets to decide that? Money is only power because we let it happen. Congress has the power to get the money out of Congress, but we don't hold them accountable to do so and don't make it a priority.
GoBucks89 said:
Its a challenge to keep the good and eliminate the bad. Risk of making things worse.
Meh, it depends on which subtopic we're talking about. We're the only western nation to not solve healthcare, and that's insane. It's not like there's no blueprint for it. We're so wrapped up in our vain exceptionalism to believe it can be done here.
Jeff - Editor - CoasterBuzz.com - My Blog
Meh, it depends on which subtopic we're talking about.
Guess I thought the idea that each and every subtopic presented the exact same challenges and issues to resolve was so absurd on its face that it didn't need to be stated. But there you are.
I don't even understand what that means. /fridaynightdrunkpost
Jeff - Editor - CoasterBuzz.com - My Blog
Lord Gonchar said:
CEOs are employees too. Ultimately, everyone on the payroll is an employee doing the same thing every other worker is doing - trying to get the most for what they bring to the table.
At this point, I'm convinced a certain segment of the population thinks CEOs are just like the bad guys in 80's movies and that's actually how the world works.
I have a relative who refuses to give to the American Red Cross because their CEO makes around $700k per year. Forget that they take in almost $3 billion dollars annually and 90% of that money goes back into programs to help people in need. If you want talented people who can manage balance sheets of that size they need to be compensated accordingly.
You must be logged in to post