The difference in executive pay and earnings of shareholders is; the executive is very often there for a limited period, while the shareholder has to ride the wave until he gets a reasonable return. The executives take no risk (other than making the wrong decisions) and have very little loyalty other than financial gain. The shareholders on the other hand, have a financial commitment which can often not be withdrawn on the whim.
It is the same with government. The minister is not the one doing the work. He is the one making the decisions, based on what his advisers are telling him. He also has to see that the outcome is what his boss (the president or the party) wants. The minister is there for a limited period of time and may not even know all the names of his senior staff. The populace are the ones having to deal with the results of the ministers' decisions.
In business your most important stakeholders (apart from customers) are the shareholders (who risk their capital for a return) and the staff, who has to make things happen. Without these two, you will not have any customers or suppliers. Why is it then that staff and shareholders are getting a smaller return than the hired executives?
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