I think the point they're making is that salaries should be higher, given the discrepancy between productivity and pay that started appearing in the 70s [0].
Yes, thank you. That's the exact point I've been getting at. Median salaries for workers in the US is far too low and should be brought up, rather than fighting to bring FAANG engineers lower which is exactly what businesses want.
[0] https://www.epi.org/productivity-pay-gap/