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by ricardolopes 1642 days ago
Been thinking about this for a while.

If worker pay isn't keeping up but company profits and equity are, this means that people are overvaluing being a worker and undervaluing being an owner, compared to market equilibrium.

Why would that be? Risk aversion? With the latest advances in global connectivity, online business infrastructure, ubiquitous technology and so on, I'd expect risk to be as low as it ever was.

Something else? What am I missing?