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.
Comment on CEO Pay Has Risen 1,085% Since 1978, But for Workers? Just 24%
Kyrgizion@lemmy.world 2 months ago
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.
BrioxorMorbide@lemm.ee 2 months ago
solsangraal@lemmy.zip 2 months ago
the most obedient and loyal slaves are the ones who think they’re completely free
Ghostalmedia@lemmy.world 2 months ago
People should push for ballot initiatives in the half of US states where citizens can practice direct democracy.
golli@lemm.ee 2 months ago
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.
avidamoeba@lemmy.ca 2 months ago
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.
golli@lemm.ee 2 months ago
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 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 be like the shareholders somehow got the short end, despite being the ones with the power to make changes.
ICastFist@programming.dev 2 months ago
Because shareholders can pay some armed thugs to keep them safe from the dirty plebs, which is cheaper than paying said plebs decent wages
where_am_i@sh.itjust.works 2 months ago
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.
Cethin@lemmy.zip 2 months ago
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.
chonglibloodsport@lemmy.world 2 months ago
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.
where_am_i@sh.itjust.works 2 months ago
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.
return2ozma@lemmy.world 2 months ago
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NegativeInf@lemmy.world 2 months ago
Well, here I go clubbing again.
TheBat@lemmy.world 2 months ago
CEO(L) clubbing?
NegativeInf@lemmy.world 2 months ago
Clever clogs.