Steven Clifford the author of “The CEO Pay Machine,” speaks at the forum, “Destroying the Myths of Market Fundamentalism,†held in Washington DC, on October 19, 2018
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the fact that this has less than 2k views is part of the problem.
Same BS… It is impossible to have "The Free Market" under a system of Capitalism. TFM is a theory of the "Age of Enlightenment", and (would) function hand n hand with the theory of Socialism; society ownership, operation, distribution, management, and profit from Society's economic control.
Who gets 3% raises anymore? 1%-2% and 2% if you did a great job which you have to write books of all your accomplishments to get . Used to be you got Inflation plus merit. Today you just get merit and that doesn't even meet CPI ,the dirty lie inflation calculation.
Good presentation, but inequality is the result of debt dynamics, not CEO pay. Inequality arises from the fact that the astronomically high personal debts of the 99% are owed to the 1%.
He had to ruin it with that idiotic identity politics comment at the end.
My god.
The C-Suite compensation packages in this country are just way too much. Seriously, what do the C-Suite actually contribute to the goods andor services the company offers? NOTHING, NADA, ZELCH, ZERO, and absolutely nothing. Time to stop over paying these people at the top, that actually put less effort into their job then the people that actually do the work…
Corporate government pay themselves well. Want to know who's robbing and enslaving us.. follow the money.
Lebron James is the exception. Not the rule.