Star Editorial Board: Swelling CEO salaries highlight income inequality
www.thestar.com
The average worker received an average wage increase of three per cent in 2022 while prices rose by more than twice that amount.
  • IninewCrowEnglish
    6·
    10 months ago

    It’s amazingly counter intuitive when you think about it … the worse the economy gets, the more we reward those top executives that are basically steering the ship.

    It’s like hiring the worst drunken sailors to pilot your massive cargo ship through the Suez Canal and then wondering why everything keeps running aground and blocking development everywhere.

    And it looks like wealthy elites and corporations just don’t care … they’ll keep hiring drunken sailors because they keep wanting to buy bigger boats that can carry more gold than before because it makes them feel richer. Then everyone asks confused as to why the boat loads of gold never make it to port.

    • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
      67·
      10 months ago

      I think it’s important to look at this situation from class perspective. The economy is getting worse for the working class, but the capital owning class is doing great. The primary job of the top executives is to increase profits for capitalists, and they’re doing that job well.

  • Nik282000
    6·
    10 months ago

    Swelling CEO salaries highlight income inequality

    It doesn’t highlight income inequality it is the inequality!

    • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
      47·
      10 months ago

      Indeed, rich people are growing their wealth directly at the expense of the poor. These aren’t independent phenomena with no relation to each other.