CEOs now make 399 times more than the average worker....Leftists cry foul.

[1srelluc]

Setting an all-time record, chief executives in the U.S. earned 399 times more than the typical worker in 2021. CEO compensation spiked last year by an average of 11.1% over 2020.


A report from the Economic Policy Institute (EPI), a left-leaning think tank, found CEO pay was “exorbitant,” continuing a decades-long upward trend that has widened the income gap between the top 1% of the population and the bottom 90%.

https://www.fastcompany.com/90793041/ceos-now-make-399-times-more-than-the-average-worker

Meh, if you want to be rich, learn how to make money. If you love cars, learn to be a mechanic. Have a useless college degree learn to be a barista.

That said....When you also figure that much of that "profit" is accounting for saving from off shoring, it gets even uglier.

It's a damn good thing I don't hate capitalism.

 

[fncceo]

chief executives in the U.S. earned 399 times more than the typical worker in 2021.

Well done, CEOs.

 

[Dogmaphobe]

The same leftists who support Jeff Bezos, Mark Zuckerberg and Bill Gates?

 

[Toddsterpatriot]

Setting an all-time record, chief executives in the U.S. earned 399 times more than the typical worker in 2021. CEO compensation spiked last year by an average of 11.1% over 2020.


A report from the Economic Policy Institute (EPI), a left-leaning think tank, found CEO pay was “exorbitant,” continuing a decades-long upward trend that has widened the income gap between the top 1% of the population and the bottom 90%.

https://www.fastcompany.com/90793041/ceos-now-make-399-times-more-than-the-average-worker

Meh, if you want to be rich, learn how to make money. If you love cars, learn to be a mechanic. Have a useless college degree learn to be a barista.

That said....When you also figure that much of that "profit" is accounting for saving from off shoring, it gets even uglier.

It's a damn good thing I don't hate capitalism.

Setting an all-time record, chief executives in the U.S. earned 399 times more than the typical worker in 2021. CEO compensation spiked last year by an average of 11.1% over 2020.

The median CEO in the US makes less than $190,000

 

[Ringo]

"Capitalism is fundamentally anti-democratic. Yes, many of us live in electoral political systems. But when it comes to the system of production, not even the shallowest illusion of democracy is allowed to enter."

 

[Toddsterpatriot]

"Capitalism is fundamentally anti-democratic. Yes, many of us live in electoral political systems. But when it comes to the system of production, not even the shallowest illusion of democracy is allowed to enter."

Capitalism is fundamentally anti-democratic.

Not like communism, eh comrade?

 

[HikerGuy83]

Capitalism is fundamentally anti-democratic.

Not like communism, eh comrade?

Capitalism is, in theory, unfettered and totally democratic.

In practice, that isn't the case.

While I am a conservative, I do believe there needs to be a discussion about this.

I don't want to redistribute wealth, but the way things work, we are creating wealth for just a few.

I struggle with that.

 

[Pete7469]

Capitalism is fundamentally anti-democratic.

Not like communism, eh comrade?

Communism is 100% democratic, because anyone opposed is murdered before they can vote.

 

[Toddsterpatriot]

Capitalism is, in theory, unfettered and totally democratic.

In practice, that isn't the case.

While I am a conservative, I do believe there needs to be a discussion about this.

I don't want to redistribute wealth, but the way things work, we are creating wealth for just a few.

I struggle with that.

Capitalism is, in theory, unfettered and totally democratic.

In practice, that isn't the case.

I can choose to buy the new Apple phone. Or a new Android phone. Or no new phone.
I vote with my dollars.

I don't want to redistribute wealth, but the way things work, we are creating wealth for just a few.

People are freely voting for Tesla and Amazon.
You can vote to own their shares. Millions do.

 

[HikerGuy83]

People are freely voting for Tesla and Amazon.
You can vote to own their shares. Millions do.

This is a much more complex claim than just two sentences.

While I understand the concept, there is more to it than that.

 

[Toddsterpatriot]

This is a much more complex claim than just two sentences.

While I understand the concept, there is more to it than that.

Give me two more sentences. Or four.