“Worker productivity” has been going up for 50 years, but compensation hasn’t been. That extra money goes into the pockets of the board and shareholders and CEOs.
80 years ago, the average CEO pay was about 20x the lowest pay in his company. Now, instead, we have billionaires.
on top of this, in the US, most workers have unpaid lunch breaks to some of us are stuck at work for 45 hour weeks, plus commute times are increasing over time so we’re practically spending 50+ hours a week committed to our job with the same pay from a decade ago
“Worker productivity” has been going up for 50 years, but compensation hasn’t been. That extra money goes into the pockets of the board and shareholders and CEOs.
80 years ago, the average CEO pay was about 20x the lowest pay in his company. Now, instead, we have billionaires.
on top of this, in the US, most workers have unpaid lunch breaks to some of us are stuck at work for 45 hour weeks, plus commute times are increasing over time so we’re practically spending 50+ hours a week committed to our job with the same pay from a decade ago