capitalism

Out of context: Reply #967

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  • neverscared3

    mhmm all these banana hoarders getting better with it

    U.S. CEO pay soars 31% on stock and cash awards, study finds

    Median pay for top U.S. CEOs rose 31% last year to a record $20 million, a new study found, surging after a slight decline during the COVID-19 pandemic, as companies showered leaders with stock awards and cash bonuses.

    Chief executives receiving big pay increases included the leaders of tech giant Apple and semiconductor manufacturer Broadcom Inc,, according to the study released Monday by research firm Equilar.

    https://www.reuters.com/article/…

    https://www.reuters.com/article/…

    • Why would this ever stop? Until there is a reckoning, the wealthiest will hoard as much as they can. Just look at the $$ being donated to the GOP.formed
    • @formed, this 'reckoning' you mention, describe it - the who, the when and the how.Morning_star
    • Guaranteed minimum income will become a solution for the wealthiest to keep their billions without getting slaughtered.formed
    • Otherwise, homelessness will continue to rise, wealth divide grows and civil unrest grows, cities plummet in desirability, crime rises, etc., etc.formed
    • UBI has its merits but brings a whole host of problems for the economy and unemployment. Why should people work? Homelessness is often not a financial problem...Morning_star
    • ...At it’s heart are mental health, abuse and addiction issues, all of which would arguably have a negative effect if you added money.Morning_star
    • UBI is not going to fix the problem.i_monk
    • The rich need to realize we are fast approaching a point where their choices will be fair taxes or the guillotine.i_monk
    • @i_monk...other than in the minds of a tiny set of disillusioned keyboard communists your claim has similar credibility to those of a flat earther.Morning_star
    • The 1% are a convenient scapegoat to keep profiting from the system. The problem are not the rich, the problem are the poor.palimpsest
    • I_monk- you live in a country where wealthy are already paying over 50% of salary. So i guess it's guillotine for them bc you feel like you deserve morehotroddy
    • It's not trickling down fast enough.
      https://i.imgur.com/…
      palimpsest
    • @i_monk - UBI is the solution to the guillotine. It appeases the masses, and keeps money in the economy. It's a win/win.formed
    • Yes, in a country where the 1%'s wealth is growing exponentially while the mid/lower classes get annihilated, that's a problem that has to be addressed.formed
    • You don't get to 'have' everything without contributing to making a better economy and nation. That's lazy.formed
    • UBI would cause inflation Einstein. Or have you been living under a rock since you got your PPP loan?hotroddy
    • @hot - You don't 'deserve' to isolate from contributing to a better economy/nation just because you're wealthy. Again, that's lazy, naive and, frankly, sad.formed
    • what do you mean by isolate?hotroddy
    • I mean stating things like the wealthiest 'pay the most' or 'don't punish success' or whatever is the latest bs. It's denying reality and wealth divide.formed

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