A Boring Dystopia

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Despite economic growth, 70% of Americans believe the economy is getting worse (wtop.com)

submitted 3 months ago by [email protected] to c/[email protected]

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[–] [email protected] 9 points 3 months ago (1 children)

This seems like an unnecessary debate, because it's the wrong metric for "fair" pay.

I think the better metric is something like average employee pay ratio to C-suite pay, or something calculated compared to the stock market value, like market capitalization.

Because the biggest problem is that absolute and year-to-year value created by increased productivity is going to the bosses and owners at an unfairly disproportionate rate.

[–] [email protected] 4 points 3 months ago

Agreed.

The only upside in this economy is that it's so bad, and there's so little leadership for workers at the federal level, that it's forced unions to become stronger by necessity.