^^^ This is a response to that response - - -
11:12 AM UTC+0800
Complete and utter nonsense.
The average CEO made 25 times more than the average rank and file worker in the 1960s. Today, it's more than 400 times as much. And in Fortune 100 companies, it's more than a 1000 to 1.
Those ratios are higher in American than in any other nation. If there was some kind of rational explanation for the change, then why doesn't it apply to other countries?
Sorry, but the actual value of labor hasn't decreased at all, as worker productivity has actually skyrocketed. And it's more than obvious that CEOs don't do the work of hundreds of workers, or 10,000 times more, if you're Larry Ellison of Oracle . . . nor do they work 15 to 40 times harder than CEOs did in the past.
This isn't rocket science. This is just flat out theft. Capital is obviously stealing from labor at ever increasing speeds. It's a choice. There are no rational reasons for the massive increase in inequality other than pure greed at the top, and the fact that they can get away with it.
And yet another response to that same first response - - -
11:42 AM UTC+0800
Yes, completely ridiculous: "capitalism is working fine to distribute the rewards of production to those who actually produce" -- uh, really? Only if you contend that those who "actually produce," which include middle class and poor workers as well as rich ones, really do only do 1/300 of the work that their CEOs do.
Come on, man.