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| Topic | No wage growth for the median worker since 1979, except from 1996-2001 |
| s0nicfan 08/21/18 11:50:22 AM #33: | Darkman124 posted... s0nicfan posted...That's a totally fair point, that there are lots of "invisible" factors beyond wages such as benefits, upward mobility opportunities, etc that aren't usually tracked by these statistics. In Apple's case, though, Jobs famously made $1, so the gains from their efforts went primarily to shareholders as well as new middle class jobs through the explosive growth of their company. So if we're looking at Apple as a case study, a lot of people gained a lot of money at lower levels from the people at the very top gaining even more, while some people lost. So do we consider Apple's growth a net gain for society, or a net loss? Yes, but that means his pay was more directly tied to performance than any other CEO. If anyone could make the argument that their pay relative to the people at the bottom was deserved, it would be the guy who stakes his entire paycheck on the company's performance. --- "History Is Much Like An Endless Waltz. The Three Beats Of War, Peace And Revolution Continue On Forever." - Gundam Wing: Endless Waltz ... Copied to Clipboard! |
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