CEO pay and worker pay aren’t intrinsically linked. Paying a CEO less doesn’t mean workers will magically get paid more.
Workers are paid based on the market value of their labor cost.
CEO pay should be capped, but because the market is unhinged from reality and needs a check for overall business health, not because of anything to do with worker salaries.
If CEOs made $0 there is no reason to assume employee wages would increase.
Probably the best way to do this is to have a union with a strong enough position within the company, forcing the owners to distribute the companies profits more equitably.
CEO pay and worker pay aren’t intrinsically linked. Paying a CEO less doesn’t mean workers will magically get paid more.
Workers are paid based on the market value of their labor cost.
CEO pay should be capped, but because the market is unhinged from reality and needs a check for overall business health, not because of anything to do with worker salaries.
If CEOs made $0 there is no reason to assume employee wages would increase.
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Why do you think so?
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I’m not understanding how this ties into any sort of disconnect in regards to jobs.
You’re just ranting at me and not making any cogent points
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No I’m saying the income is irrelevant
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I did in my OP.
Probably the best way to do this is to have a union with a strong enough position within the company, forcing the owners to distribute the companies profits more equitably.
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They literally are. That’s how labor markets work.
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Take a breath big guy. You’re rambling.
This is you not liking the outcome of the existing labor market, not a denial of its reality.
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