masto.ai is one of the many independent Mastodon servers you can use to participate in the fediverse.
A general Mastodon server for all languages.

Administered by:

Server stats:

2.2K
active users

Robert Reich

CEO pay at America’s largest public companies is up 1,460% since 1978.

Talk about inflation.

@rbreich …but the trickle down. yeah I got nothing from that either. ☹️

@rbreich They drove inflation up before the midterms to hurt the democrats. They post record profits, pay the big cheeses more than ever before, close factories and stores that want to unionize, and buy politicians with dark money. Capitalism isn’t dead but it’s killing us.

@rbreich I don't want to hear anyone whine about inflation without including this info too.

@rbreich They are just working that much harder now! 🙃

@rbreich And, CEO remuneration does not correlate with performance!

@rbreich

That's why they're greedy. They want more money to themselves.

@rbreich alas, that doesn’t apply to little tiny companies like mine with a staff of just a couple of people.

@rbreich In parallel to this trend is the wealthy’s increasing ability to avoid risk and responsibility through legal protections. There could easily be 1,000 Enrons for every one held accountable.