Robert Reich on Nostr: From 1978 to 2022, CEO pay grew by 1,209% while the typical worker's pay rose just ...
From 1978 to 2022, CEO pay grew by 1,209% while the typical worker's pay rose just 15%.
This explosion in CEO pay relative to the pay of average workers isn’t because CEOs have become so much more valuable than before.
They've just gamed the system to line their pockets.
Published at
2024-05-03 00:04:32Event JSON
{
"id": "e2d7576802ced6a382671fb3c18d6e1838bae8f09b0badaf7014d1e8e0c2fed9",
"pubkey": "68ac0f27c0545377ec6e7c5ce6aa2d6ef8aa1edadc6a8c2ffae8eda07f26affc",
"created_at": 1714694672,
"kind": 1,
"tags": [
[
"proxy",
"https://masto.ai/users/rbreich/statuses/112374230077247692",
"activitypub"
]
],
"content": "From 1978 to 2022, CEO pay grew by 1,209% while the typical worker's pay rose just 15%. \n\nThis explosion in CEO pay relative to the pay of average workers isn’t because CEOs have become so much more valuable than before. \n\nThey've just gamed the system to line their pockets.",
"sig": "335f5b7722818ee8520ad6919cef87df6fec8aa0885234255b3dbd7814a32402f056de67a31fa8adf7cf2c99d60cdc1afdbc5b3921475db8d44c1163ed54a7f5"
}
