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It's past time to take the whole damn pizza.
(lemmy.nz)
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this post was submitted on 19 Oct 2026
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Late Stage Capitalism
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Wealth inequality > income inequality.
Most CEOs are closer to you and me than to the billionaire class in terms of wealth/wealth growth. And a lot of CEOs are just overpaid MBAs making sure there's a steady stream of money to the owner class, not owners of companies.
Conversely, all billionaires could get 0 salary and would still make more in a minute than you do in a lifetime, purely by appreciation of their assets/stock. Not that we shouldn't do it through progressive taxes, but nothing will change for the better if all you do is limit CEO pay, in terms of equality.