[fooker]

They are the same thing.

In silicon valley, you can not afford to underpay good engineers, as they'll move across the street and get a job that pays double after a year.

In most other places, this ecosystem does not exist because it is ridiculously difficult to start and operate a company unless you are part of some conglomerate.

[foldr]

Wage stagnation can happen without any kind of deliberate conspiracy.

[fooker]

True, a bad economy will stagnate wages by definition.