Capitalism Heresy

When will things like this, said by the ever awesome Carl Malamud, not be heresy?

“The standards [organizations] definitely need money, but when one looks at the million-dollar salaries these nonprofits pay their CEOs, some of the highest salaries in the nonprofit world, one can’t help but think that maybe they don’t need quite as much money as they get.”

Just imagine a small town news reporter saying that on the 5 o’clock news. Or god forbid, someone on the national news.

When that is no longer heresy, I’ll be a tiny bit happier.

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2 comments.

  1. That’s heresy? News to me.

  2. Alex:

    The idea that someone getting paid a “fair market price” (which translates to: whatever they could negotiate) is *too much* is heresy in a pure capitalist/homo economicus society.

    Yes, I’m reducing the conversation to a pure capitalist one, but that seems to be the way things are going nowadays (see: libertarian arguments).

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