Rashiminos
Fool Prophet
That only works if either the CEO also has skill/talent in being persuasive, or the workers base their voting decisions on brilliance, hardwork, and talent. If the voters are preoccupied with other issues, then those attributes are selected against (since they become lower in priority). Of course, strict focus on those attributes is not necessarily optimal, either.I suppose I should add on a little more to what I say originally. Something comes to mind: if a CEO is indeed as brilliant, hardworking and talented as he claims to be, then surely he or she could convince their workers to vote them back into office with the same level of pay.
Compensation does not have to be derived linearly. Paying an employee 10% more income for 10% more work is not as motivational as paying an employee 25% more income for 10% more work. Employees have their own opinions regarding how much time they are willing to spend working, and linear wages are often not worth the bother. Salaries can also benefit productivity as more efficient employees will have more free time for the things they want to do.What I find particularly strange is this idea that socialism will lead to completely equal incomes. I could see this being the case in a system where there are no wages at all, but under market conditions, I think that is nonsensical. We can see this already: very few workers believe that every worker pitches in the same amount of worker. Slackers are routinely identified by their colleagues, as are those who put in 110%. Those who have worked at a company longer dislike the idea of being paid the same as someone who just joined. And certainly, while workers have their issues with those above them, I imagine most can still appreciate the different kettle of fish managing a whole enterprise is to working just one part of it (the same way that, in spite of how we may feel about a particular politician, we might not deny that his job is probably fairly difficult given he deals with community-wide issues we might not ever consider).
But I'm sure those same workers will, all this in mind, sincerely doubt someone is working hundreds of times as hard as them. A worker-elected CEO may just be able to pull in something as nice as (for example) 10x what the rank-and-file do, but I highly doubt we'll be seeing anymore of the current gap in pay. No worker is going to vote for millions of dollars in compensation for a handful when they themselves are unsure of paying their bills.
The application of force by the state only goes so far. Democracy is specifically centered around keeping the state from devolving into tyranny, even if a change could in theory enhance equity (often it doesn't). Socialism can frequently err in attempting to make decisions on the governed's behalf.I see the routine argument against socialism is that "not everyone wants to be equal." Even assuming this is true, however, I can't help but feel that many forms of socialism argue for equity moreso than complete equality. I can see why the desire to support social democracy would be strong, because it too is more interested in equity than equality, though it does not go far enough in ensuring that equity will be preserved.
It doesn't. It's a question of numbers and functions. Individual capitalists find it easier to take initiative. Group capitalists take longer to make important decisions, but benefit from the more intensive deliberation. Whether it's one individuals personal wealth or a group's pooled wealth, money competes with money. Capitalist groups were enjoying quite a few successes before antitrust legislation became popular (collusion is a corrupt form of cooperation). Capitalist groups can also route around government obstructions (eg mafia, cartels).A 'capitalist enterprise' not run for the benefit of capitalists ceases being a 'capitalist enterprise' in any meaningful sense of the term.
One is confusing the shape of the vessel with the resources that flow within it.This is just another way of putting the standard Marginal Theory of Labor Value, a "theory" which is simply an assumption (there is, naturally, ample evidence it is a completely incorrect assumption) but which forms a cornerstone of both modern economic theory and the cornerstone in the corresponding body of normative thought which upholds capitalism.
Capitalism is properly "paired with" forms of pre-democratic government like monarchy because it is a form of pre-democratic government like monarchy.
But actually there is no reason to believe that bodies of workers in democratic associations will not make sensible decisions, and as I've already pointed out, research and experience indicate that, given the right conditions, workers will make sensible decisions in running their companies.
Of course, your argument almost exactly parallels the arguments of anti-democratic conservatives who said that allowing the people to make poor decisions out of a misplaced sense of sympathy would cause everyone to suffer.
You're right, when confined to the right conditions. What happens when the wrong conditions are present? (This is the test question socialism keeps slipping on, despite frequent capitalist review of the same problem).
Spoiler :
On a more subtle note: Am I being anti-democracy or anti-ignorance? (or pro-competence, or ...)