The historic UAW strike puts an exclamation point on more than a decade of efforts by Washington lawmakers to narrow the pay gap between top executives and workers.

  • SCB@lemmy.world
    link
    fedilink
    arrow-up
    2
    arrow-down
    6
    ·
    10 months ago

    What do you see as a false equivalency? My point is the actual harm skyrocketing CEO pay does is result in a more difficult time for companies that get their C-suite poached away.

    I’m not equating anything. Worker pay is independent from CEO pay in that capping CEO pay has no expected impact on employee wages. Companies are already paying the market rate - they’re unlikely to just raise wages forever because of this.

    We can have our own opinions on the ethics of that, but if we’re not running companies, that doesn’t matter. If you wanna fight for fair wages, you’ve got to live in reality.