Licensing laws are an issue though. Just because they pass a bill saying you can’t restrict access to content doesn’t mean that they can open it up to a market that their contract doesn’t allow for. This could end up backfiring and having them remove lots of content from all regions in order to comply with this demand.
That’s cool, but to totally poke lighthearted fun, they shouldn’t need a suit inside the spaceship and if the planets were all that close together, they would collide into some kind of superstructure.
As an MBA, I will simply state that you all do not understand capitalism. A CEO is kind of like a sports star. They make what they make because they are making all the hard shots and keeping the team afloat. They are like the captain and coach of the team in one. It takes many years to curate the skills required to be a good CEO and there are only so many people good enough in each industry to take on the challenge. 21M is modest compared to Ford’s profits. If they provided less, he would simply move to a competitor in the same way that sports stars shop around. The idea that everyone in the company should have their salaries compared in terms of orders of magnitude of the CEO is insane. It’s like attempting to say that the janitor at a doctor’s office should have to make tens of thousands above the going rate of what a janitor’s output is worth on the open market simply because the star of the business is able to bring in a lot of money. In general, the idea that the CEO doesn’t work as hard as the line workers is incorrect. They CEO meets all day with direct reports and investors and steers the ship.
If I invent a means of production, why can’t I be rewarded for my creation?
I want to have a serious conversation on this if possible. As devil’s advocate, if I want to start a business that helps people, what would I have to do to not run afoul and garner this type of criticism? Are you indicating that I must relinquish my business once it gets too big and that I am only entitled to a certain amount of success? Are you indicating that I must pay my workers far beyond what the free market dictates they are worth? Trying to understand how those are my issues. It would seem to me that these would need to change with far reaching government policies. Those policies in many ways go against capitalist principles when you start to consider having to pay a janitor for a company hundreds of thousands of dollars if the company is successful and employees are paid in revenue share. That makes far less sense than the owner of the company reaping the benefit of their innovation. I would also argue that an entrepreneur will potentially use these earnings more interestingly than a janitor, potentially to start additional businesses that help the public by increasing offerings and jobs.
Many contracts have long terms and took time and effort to negotiate. A law like that would have large revenue implications. It would upend the entire business. I wouldn’t be surprised if the entertainment companies take this to court or pull out of those markets entirely. The EU should not dictate product offerings. If people don’t like a service’s offerings, they can use another one. It is an abuse of their power.