this post was submitted on 15 Dec 2024
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What changed? Monopolisation? Increased population? Globalization? Or the tensions with the USSR leading to companies keeping workers appeased?
CEO compensation since 1978 has increased 1330%.
Median income has increased only 18% in the same time frame.
The rich are making themselves richer at the expense of the average person and they use some of that wealth to lobby governments to protect themselves further against any backlash