Busting the “Paid What You’re Worth” Myth

Greetings from western (socialist?) europe. I also notice a growing gap, albeit slowly.

I have met some people earlier in life with lower economics status and what always surprised me is that most don't want to learn or think. Tell something from basic economics and you will get mocked. It's just like they keep on smoking. I will never understand it probably
 
Zwaen said:
Greetings from western (socialist?) europe. I also notice a growing gap, albeit slowly.

I have met some people earlier in life with lower economics status and what always surprised me is that most don't want to learn or think. Tell something from basic economics and you will get mocked. It's just like they keep on smoking. I will never understand it probably
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You need to get out more.
 
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All I know is there is an insane increase in gap between a CEO and employee pay from let’s say the 1970s compared to today. The gap has grown exponentially. Why? What is different?
 
newwurldmn said:
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 the water boy was paid 10k.
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%%
Good correction+ rebuke:caution::caution:
Not sure i would agree that last line of yours, is unfair, except @ first glance.
Some make a better fortune than both by selling bottled water + energy drinks;
that's the advantage of capital markets.
But sounds like you get the main point;
capital market are not a ''fixed'' pie chart.
Capital markets are like= anyone gets to starts a bakery, except whiners LOL:D:D
 
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