How can people justify wage Stagnation when CEO pay has gone up 1000% since 1978
CEO pay has gone up over 1000% since 1978 and in 2023 CEOs earned about 290 times what an average worker made. In 1965 a CEO would have made 21 times what an average worker made.
With numbers like these, I call that Wage Theft. Not everyone can be the CEO, or President or Founder of an extremely successful company; and the Higher Ups should not be making Millions/Billions when their Average worker is likely barely surviving Week to week.
I remember when I was Younger it was a Big deal for Bill Gates to have a Net worth of around 50B dollars; now you have Billionaires going past 200B and they still want way more; Musk wants $10T, despite claiming "*Money will be worthless in the future anyways*".
Really absurd the level of Greed people have, while some are dying/barely surviving week to week, some have no limit to the Depths of Money they wanna have.