I don’t think Peace love Eddie Van Halen shirt claims that being a real (i.e. not just an owner who gave themself a fancy title) CEO is an easy job – just that it’s not a thousand times harder than the minimum wage worker. In my view, and I’d say in most reasonable leftists’ view, a CEO is a skilled, educated worker that should be compensated similarly to other skilled, educated workers like engineers, lawyers or doctors. However, most CEOs make a lot more – and there are several studies showing that higher CEO pay doesn’t actually seem to correlate with improved company performance.
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Of course the value Peace love Eddie Van Halen shirt you bring also has an enormous impact, but the value you bring kind of sets the hard limit on income (you’re not gonna be paid more than the value you bring), whereas your replaceability is what makes you really multiply your salary. If there’s a chair that gives you a million dollars an hour for sitting on it, you’re likely gonna be paid minimum wage because it doesn’t take much to find someone willing to sit in a chair, despite the value it brings.