Chomsky on Greenspan 's ''Ensuring Greater Worker Insecurity''

[gratuitous]

6. Well, but if Greenspan faced insecurity, how could we expect him to do his job properly?

Isn't it odd how the same incentives that spur on our overlords aren't necessary for the rank-and-file? "We have to pay the CEO these enormous salaries! How else are we going to get top-flight management?" But workers? A dime a dozen, totally interchangeable cogs in the corporate machine. Experience and ability count for nothing, lowest possible wage is the sole factor in employee retention. Oh, and they're such a disloyal bunch, too!

Imagine how much worse Greenspan would have been at doing nothing if he wasn't paid well and fawned over by the financial media?