rbreich ,
@rbreich@masto.ai avatar

Between 1978 and 2022:

-Worker pay grew by 15%

-Top exec pay jumped by 1,209%

Major US CEOs are now paid 344 times more than their typical employees.

When I say corporate CEOs are exploiting labor, this is what I mean.

hunkyscotsman ,
@hunkyscotsman@mastodon.social avatar

@rbreich

Solution?

grootinside ,
@grootinside@troet.cafe avatar

@rbreich We can repeat facts as often as we want; if it's about inequality, paygap, injustice in all forms, climate....
As long as we are not finding ways to initiate URGENTLY needed multisystemic changes QUICK we will be doomed, as (democratic) societies and even as a species.
Time is running out - as seen globally for democracies and for mankind.
Only question seems what will come first. 😒

mycathas9lives ,
@mycathas9lives@mastodon.social avatar

@rbreich

I quit working for the corporations about 8 years ago.

mike ,
@mike@libertynode.net avatar

@rbreich how much did you make in 1978? And how much do you make now?

Galt42 ,
@Galt42@mastodon.social avatar

@rbreich If I adjust for inflation, even with "cost of living" increases, my "larger" salar has less buying power than I had 6 years ago. I can believe these statisics 💯

gooba42 ,
@gooba42@mastodon.social avatar

@rbreich Yes but the billionaires only tolerate us in their country at all because we make them rich.

The USA is not a country for "the people" unless you're very careful with your definition of "the people".

Rich White males, right from the get go, are the only "real" citizens. The rest of us just live here on their scraps and at their discretion.

netizen_zer0 ,
@netizen_zer0@mastodon.social avatar

@rbreich ...and yet the workforce don't quit and start joint collective organisations in order to regulate overall pay leaving the executives with no one to exploit.

A little bit of organised creativity and this could potentially be solved 'fairly' easily. Maybe it's just the whole 'sounds like communism' thing that people don't like.

But then the last news story I heard about people trying any form of collective bargaining or organisation was Google sacking people for unionising. ¯_(ツ)_/¯

innerand ,
@innerand@23.social avatar

@rbreich I think it's not the CEOs exploiting labor but the share holders.
It is them paying the CEO for doing so.
At the end all that unpaid wages are turned into profit. And that profit goes to the share holders. The CEOs payment is just a rather small fraction of that. It's the capitalist class exploiting lower classes.

iblecher ,
phil ,
@phil@hub.houseplants.cc avatar

@rbreich Hot damn.

TheNovemberMan ,
@TheNovemberMan@bookstodon.com avatar

@rbreich 👍💯👍

Cynthia18 ,
@Cynthia18@mastodon.social avatar

@rbreich my kik username: rosey7277
my Telegram 🆔 perry24n

  • All
  • Subscribed
  • Moderated
  • Favorites
  • random
  • test
  • worldmews
  • mews
  • All magazines