You get paid for what you contribute to the final product ... period. The comparison between 'productivity and median compensation' is an artificial measurement, contrived to create a false dichotomy, and create a strawman argument that, simply, doesn't hold water.
What payment should you expect when greedy capitalists outsource your middle class job to wage-slave states like China or "Right-to-Work states like Alabama? You apparently believe the rising percentage of income that's gone to capital instead of labor over the past thirty years represents an "artificial measurement" when, in fact, it's the logical outcome of capitalism's destruction of the workers in North America who made it rich in the first place.
Hell, that's an easy answer.
What payment should you expect when greedy capitalists outsource your middle class job to wage-slave states like China or "Right-to-Work states like Alabama? Not one single red cent - I don't expect anything - I earn it. And, when I'm not earning it, I don't deserve it.
"You apparently believe the rising percentage of income that's gone to capital instead of labor over the past thirty years represents an "artificial measurement" when, in fact, it's the logical outcome of capitalism's destruction of the workers in North America who made it rich in the first place."
I'll try to make this simple - the American worker has a perishable product - one hour of labor. It is worth exactly what you can get for it - no more, no less. If I buy your one hour of labor, and I can produce 50 times that for my own income, by what rationale would you say you deserve ANY of that?
Now, this so-called measurement you speak of - you, of course, conveniently forget reality. People who contribute more, make more. For example, the assembly line worker produces X number widgets; his supervisor manages 10 workers who produce 10X widgets - seems logical that the supervisor should make more, right? I, on the other hand, manage the company - I have 15 plants, 500 supervisors, and 5,000 assembly line workers. Seems pretty logical that I should make more than the supervisor, right? In addition to those supervisors, I have 120 sales people, 1500 administrative personnel, a company retirement program, health care program, and various and sundry other items that I am responsible for.
Oh, by the way, if one of those assembly workers leaves the company, we just plug in another, right? What happens when I leave? Not quite so replaceable, am I?
You also fail to notice that I put my future at risk every day - my future is that company. THAT is my retirement plan. You don't want to recognize that, without my investment, those jobs don't exist - period. It is my money, and my risk, that make your assembly line job possible.
Then, I see this '2 people own the whole world' argument - or, now it's '400 people make more than the rest of the country' nonsense. In order for there to be economic growth, it is imperative that there be centers of wealth concentration. I'll try to make this easy - if I make $50K a year, I have about $5,000 to invest (being optimistic, of course). But, if I make $100,000 a year, I have about $45K to invest (assuming only a 5% increase in lifestyle). Without that extra concentration of funding, companies don't get funded, projects don't get paid for, and jobs don't get created. We both know that if we were to spread that increase among 10 people (raising their salary to $60K), we would not get the same level of investment capital available.
Further, you (and others) happily glaze over the fact that MOST of the income for the rich does NOT come from labor - it comes from investment. You can work for your money (I do), or your money can work for you (it does). In addition, you completely ignore the fact that most companies are owned by the public. Your 401(k) plan owns shares in my company, shares in IBM, shares in Walmart, or whatever. Your insurance company owns shares in Microsoft, shares in JC Penney's, or whatever, thus driving down your cost of insurance. But, you don't bother to include that as part of your income - why would you insist on counting it as part of mine? Do you include the lowered cost of insurance as part of your income, since you consider the purchase of stocks as part of mine?
In short, if you take a myopic view, and focus your indignant little flashlight on one little area, your comments pretend to make sense. But, they are not grounded in the reality of the overall system.