with CEOs taking home an average total of $22.98 million in 2024

Given the complete and utter dysfunction present in our economy at the moment, this is entirely unjustified (never really justified, but that's a different argument).

These morons are basically extracting as much as possible before it all collapses under the bloat of their own greed and incompetence.

Greedy Bastards... yes. Morons... probably not.

#8 | Posted by Whatsleft

The greatest myth is that CEOs or even bithnithmen broadly are in some way smart or competent.

In my experience, they tend to be ruthless self-promoters, shameless glory hounds and exquisite opportunists.

The overwhelming conclusion of my time in private sector after I left academia is that anyone who blathers on that business does it best are full of s*&^. Private business has been the only place in my experience where missing your goal then redefining the metrics or the goal itself is still met with accolades (at a certain level, of course, not for the underlings doing the actual work).