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For perspective, 500k is effectively the same as zero compared to what the likes of Musk, Bezos and Ellison make from their assets.
You and this CEO are basically equivalent in wealth to those guys.
You can take issue with the remuneration here, sure, but this person doesn't have anything close to the economy breaking amount of wealth held by the actually wealthy
They are the ones we should be focusing our energy on.
Be angry at wealth, not income. That's what's fucking everything up right now.
I can think that both are gross beyond a certain point.
Does she really need the donations I've been giving to top her up to that level? Or is 300K more than enough for anyone? It would certainly be more palatable to those giving donations.
I think that utterly ridiculous wages at C level generally have become normalised and the amount of people in this thread defending a half a million salary is clear evidence of that to me.
Both can be gross sure, but even the biggest CEO income is not causing systemic economic problems because it's generally taxed somewhat properly and is ultimately tied to some amount of time and effort being spent (however little)
Wealth? Basically not taxed at all. Requires zero time and effort to make income.
What do people who make millions a year from assets do with that money?
Buy more assets, beyond a point everything they could possibly have as a living expense is covered.
What does someone with a lot of money do when bidding against people with less for an asset?
Drive the price up
This is why houses are expensive and will keep getting more so
This is why food is expensive and will keep getting more so
This is why energy is expensive and will keep getting more so
This is why everything is expensive and will keep getting more so
What happens then? Housing, food and energy is increasing something the non wealthy can afford.
Keep it up and the 99.9% won't be able own a thing and will ultimately have no power to change that.
Concentrated wealth is an existential issue
Oh I agree that gross levels of wealth are the bigger problem by a country mile. We're in total agreement there.
People earning half a million a year are still raking in money from earned wealth from excess money. I suppose my objections are twofold; that it's a donations based organisation and that wages just shouldn't be that high (and I grant you hers are at the lower level of many large companies C level packages).