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I'm not disagreeing with you that shareholders should take a more active stance on executive pay. But this has nothing to do with the workers comp. Let's be honest you don't give a fuck what McDonald's workers get paid. You only care what the CEO gets paid. And the same is true for Robert Reich.

:)

only difference is one is also a shareholder and the other is not. The shareholders (often through a proxy like a board of difectors) determine the compensation of the CEO.

and the 5percent would be legacy.

same at MIT. When I applied (didn’t get in) they wrote on the application: “Asians are not considered minorities” what does this have to do with desantis and the current Boston mayor and your wife?

you said Harvard doesn’t take Asian kids. 25percent of Harvard is Asian. And that number isnt higher only because of reverse discrimination. not sure

Yes. He’s off base.

in some cases, yes. In others no. But it’s a source of downward wages for low skilled workers and upward wages for those creating the productivity (software engineers).

I assume this is sarcastic or your information is from 1950.

chatgpt responding to a post by a bot pretending to be a female in hopes for a date.

So far all the counterpoints are about CEO pay. No one has made an argument for higher worker pay. Isnt that interesting?

if you are arguing that shareholder oversight is not what it should be, I agree. That’s not an argument of the OP, nor relevant to this debate. For if shareholders were more active, CEO pay would be lower but worker pay wouldn’t be higher. Employers will pay for labor at the market wage. The OP...

no. his specific point was that regulations are keeping wages down. bailouts are completely different. what regulations have lowered wages in the free market?

someone is lobbying for those bailouts. it sure isn't tax payers. :)

There are bailouts that have added to shareholder value, which for the most part are wrong, but that's not the game here. The game is maximizing shareholder value. It would have been great to have clawed back those bonus payments. There's definitely a moral hazard that has perpetuated because...

Which companies have gotten bailed out and the CEO made a ton on his compensation? I bet the SVB guy lost hundreds of millions on his stock/option compensation. Overall corporate bailouts are an example of capitalism gone wrong for everyone: customers, employees, executives, shareholders, and...

I think that’s the natural state of things. Throughout history every society has been more unequal than we are today. Post ww2 america was the anomaly and current Western Europe won’t be sustainable. those who are good at making money will continue to earnings . And it’s easier to make money...

Which historical standard? Pre-ww2? Post-ww2? Revolutionary times? Civil War times? Wages are a cost. CEO's work for the shareholders. If they create value for the shareholders then that's what it is. What about curbing material costs (those are someone else's wages)?

I think he’s only real argument is that worker wages are kept down by regulation and collusion. This is garbage. what company has a monopsony on wages? What regulations lower the free market wage? He just says stuff without any evidence. it’s totally unfair that Tom Brady is paid 20mm/year and...

Typical populist rhetoric. This is a trading site. Make some money, you failure.