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by CPLX 2589 days ago
When low paid workers coordinate their efforts to increase their pay it's called an "artificial price surge" and allegations of fraud are thrown around.

When highly paid executives, investors, and board members coordinate their efforts to increase their pay what does the media call it?

6 comments

Price fixing, predatory pricing, bid rigging, collusion.
VC driven exit strategy
Indeed. I never understood how coordinated bargaining is "artificial" but the decisions about how much profit goes towards the workers versus executives is somehow... "natural"?
innovation
Neat trick that shareholders hate!
Growth