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Deloitte Australia CEO tells Senate committee his work not worth $3.5mAUD salary

23 pointsby adrian_mrdalmost 2 years ago

7 comments

kfkalmost 2 years ago
Anyone understands why the Australian senators are attacking Deloitte's executive compensations instead of the government leadership that signed the pricey contracts with consulting suppliers in the first place?
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getmeinrnalmost 2 years ago
Yeah, I would much rather live in a world where some disconnected busybody goes around assigning salaries to everyone based on $CURRENT_SOCIAL_TREND, than to have wealthy people who feel guilty about their earnings. /s
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stuartjohnson12almost 2 years ago
He said his work isn't worth 7x that of the prime minister, not that his work isn't worth 3.5m.
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listenallyallalmost 2 years ago
With all due respect, if he goes up there, kisses the ring and successfully says whatever needs to be said to save a $712 million dollar government contract, he's worth a lot more than $3 million.
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jmyeetalmost 2 years ago
The rising class consciousness I&#x27;ve seen this year has really warmed my cockles. One thing I&#x27;ve realized is very few people actually know what capitalism is but they sure as hell will defend it.<p>Capitalism is simply the economic system for the extraction of wealth from the poor to the wealthy where once it was from the poor to the monarch and the artistocratic class (ie feudalism). That&#x27;s it. Someone will be tempted to pipe up with something about &quot;free markets&quot;. Markets are commerce. They happen in every economic system.<p>So you see a lot of people flounder in this area in a way that is curable with the barest introduction to Marxism, specifically the labor theory of value [1].<p>So profiteering off government contracts is nothing more than the extraction of wealth from the poor to the rich via the government. Yet you&#x27;ll find many who say we&#x27;re simply not doing enough capitalism.<p>This is also why culture war issues are manufactured: to stop the development of class consciousnes and solidarity. It is an intentional distraction so you won&#x27;t pay attention to the wealth transfer going on through tax cuts, deregulation and, of course, government contracts.<p>[1]: <a href="https:&#x2F;&#x2F;en.wikipedia.org&#x2F;wiki&#x2F;Labor_theory_of_value" rel="nofollow noreferrer">https:&#x2F;&#x2F;en.wikipedia.org&#x2F;wiki&#x2F;Labor_theory_of_value</a>
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LatteLazyalmost 2 years ago
The one part of being a CEO I could never do would be sitting through this bullshit without speaking my mind.
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foogazialmost 2 years ago
Anyone else feel that way too?<p>Impostor syndrome is real