@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.
@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)_/¯
@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 💯
@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. 😒