The people who decide where money gets allocated are allocating most of it to themselves? If this was done in a government it would be called extreme corruption.
(Competition between the two players in the market that have a revolving door of executives, a carefully crafted moat a mile wide, and raise prices together in lock-step but definitely do not collude, no sir!)
>The people who decide where money gets allocated are allocating most of it to themselves
The difference is that the people who decide to pay the CEO so much are the ones who made the money (the company owners), it's their money to spend how they see fit. In the government it's not people spending their own money, they're spending other people's money that they obtained through the threat of jail for those who don't pay it.
