CEO Pay Has Risen 1,085% Since 1978, But for Workers? Just 24%
CEO Pay Has Risen 1,085% Since 1978, But for Workers? Just 24%
CEOs at top US companies saw their pay skyrocket by 1,085% since 1978, while typical worker pay only increased by 24%
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That's never getting fixed through voting. Only violence will change things. These cunts seem to forget that once we have nothing left to lose, they have EVERYTHING to lose.
Well, here I go clubbing again.
CEO(L) clubbing?
Clever clogs.
Well, if the government heavily taxed everything above like 100 million $$$, then the money would flow back into the economy, which it obviously doesn't while being sat on by pathologic hoarders.
the most obedient and loyal slaves are the ones who think they're completely free
People should push for ballot initiatives in the half of US states where citizens can practice direct democracy.
Legislators have simply been refusing to implement winning initiatives.
I am actually still not sure why it isn't fixed through voting. And I mean shareholder-voting, not public voting.
But after things like Elon Musk's compensation package getting approved (again) it cleared won't work through that mechanism either.
Why would it be fixed through shareholder voting? Most employees aren't represented in those votes. The major shareholders have fundamentally different interests that are opposed to the interests of the employees. If employees were a majority shareholder, then that could work, but that's almost never the case.
My comment was aimed more towards the excessive CEO pay, not the stagnation in worker's pay.
Probably not the best source (just one of the first Google results), but as an example, if I read something like this:
How much money did Marissa Mayer make while running Yahoo? During her five years at Yahoo, from 2012 to 2017, Marissa's total compensation, including salary, stock, and bonuses, was $405 million. Verizon acquired Yahoo for a little over $4 billion in 2016. Marissa earned roughly $120 million from the acquisition through a mix of bonuses, accelerated stock options and salary. For example, she was paid a onetime bonus of $23,011,325 once the Verizon acquisition was finalized.
Then it seems to me like the shareholders somehow got the short end, despite being the ones with the power to make changes.
Because shareholders can pay some armed thugs to keep them safe from the dirty plebs, which is cheaper than paying said plebs decent wages
no, half of your country votes for trump. You have absolutely no right to complain about voting not working or calling for violence.
Again, half of your country strongly disagrees with you and you suggest violence? No wonder your democracy is so bleak.
Your comment is partially correct, but not totally. 63% of republican voters want to increase taxes on the wealthy and large corporations. Reoublican voters are just very stupid and are easily convinced to vote against their own interests because you can easily scare them with some "other" that isn't a threat.
It’s even worse than that. The Republican side is full of all the gun enthusiasts. In a civil war I don’t like the “north’s” chances this time around.
Not to mention all the fighter jets, bombers, tanks, and drones the military has.
That's another point lemmy warriors don't consider. US is getting closer to a civil war no matter which side wins the elections. And, I got some news for you lemmy, you will lose that war and fast.