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Nazo

@CStamp Meanwhile normal people are expected to live on what was *barely* a living wage almost two decades ago. And that's before grocery prices have been going up since the pandemic started, essentially making a huge recent inflation spike for us normals.

Every single time companies get the perfect opportunity to raise wages for workers, they do stock buybacks and give the CEOs another yacht instead. "Trickle down" has had many decades to prove itself. It doesn't work. It must be mandated.

3 comments
Nina Cried Power

@nazokiyoubinbou @CStamp

CEO's should only get a pay raise if it is linked to productivity increases and changes to working practices.

Nazo

@Nina_cried @CStamp Eh, I mean they already kind of pretend this is what it is. It isn't really of course and I'm sure it takes a lot of mental gymnastics to reach this conclusion, but it's the kind of thing they would have us believe.

I won't even agree that they need pay raises until their wages are closer to the level of the rest of the workers. Like, fine, I can accept there being incentive for being on the top, but it's off the charts, so they need reductions first.

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