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by WisNorCan
1467 days ago
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I find these articles lacking any nuance. “CEOs pandemic greed grab has sparked outrage among Americans across the political spectrum” Guess what the wage gap is between a software engineer in the US and the average worker in Cambodia? About 100x. The average salary in Cambodia is about $2000 per year. Is that wrong? Are engineers too greedy? No. Supply & demand for specific skills drive the rates in each market. * https://ips-cambodia.com/cambodia-average-salaries-2022/ |
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Your argument is also a comparison between two different economies.
The comparison here is between two groups of people living in the same country, even working for the same company. I did the math at a previous job - the CEO would make in 20 minutes what I made in a year. Would that CEO say they I should get paid more?
Also, many CEOs in the US might make what they do precisely because the laborers in Southeast Asia make such low wages.