| >People are also free to vote for people like Ocasio-Cortez She got elected because of the primary. She isn't exactly a vote magnet. >That's probably not what most want, myself included, but here we are going from 20:1 in the 70's to 300:1. You are fed a narrative. There are people actively working against capitalism that will try to craft a narrative at every turn. Think critically about what you just said: CEO-to-worker pay ratio has gone from 20:1 to 300:1 in top firms in the US. That last part is very important. The evaluation of those companies has increased as has the average number of employees. The CEO of Walmart needs much better skills compared to the CEO of a corner store. Walmart has over 2 million employees nowadays and they have a revenue of $500 billion. On the other hand, the skills and responsibility required from a clerk at Walmart are similar to the responsibilities and skills of a clerk at the corner store. >Something reasonable needs to give here, People need to stop buying into a narrative. >and the answer isn't everybody becoming a CEO. The reason he brought up everybody becoming a CEO is because the job of a CEO of these top companies is very difficult. You need very skilled people that are also very positive towards the company, because even the smallest mistakes by them can make the company suffer a lot of losses. |