Success And Profit Or Profit Without Success?

       I've been in some discussions of late about the fairness of CEO pay compared to average worker pay. There are those who feel that the enormous financial packages current CEOs get are only fair. After all in these times of international business and  multinational corporations, it's a big job and hard work to run a company. These leaders deserve every bit they get.
       It's the business model for the 21st century. A free and open market operates under the supply and demand principle. If you're a scarce commodity, in other words if you're successful, if you make bigger profits, you deserve more of those profits. If you're a worker and there are thousands applying for your job, you aren't worth so much.
       But as a business model, that has never been a good or sound model. If the only way your company can make the profits it needs and wants is to harm it's workers, then that company is not successful. It may be profitable, but not successful. There's a deference between the two. Profitability depends on nobody. The minute you become a liability, you're gone.
       Success is built over time. It means your leaders are well served and your workers make a living wage. If everyone is happy, everyone should work harder to make the company more successful and profitable. It has to do with pride of ownership. As an owner you take pride in the way you treat your whole staff, management takes pride in the performance of the whole company, the workers take pride in the product they make. Everyone wins.
       In a profit model, there's little pride if any. The workers have no pride and would quit in a second if they find anything better, management is only interested in their pay and will also switch jobs for an extra dime, and the owners see only the bottom line, not the satisfaction of seeing a job well done. In the profit model of supply and demand, the only determining factor is money. It does not allow for intrinsic values, good citizenship, fairness or compassion. Only money, only the bottom line matters. Not even the quality of the product matters or the good will of your customer. Only how much the owners take home. It's a cutthroat way of life. Where's the happiness and pride? Nearly all successful models are profitable, not that many profit models are successful.