Many companies have heeded calls from shareholders to tie CEO compensation more closely to performance. As a result, a large proportion of pay packages consist of stock awards, which the CEO often can’t cash in for years, if at all, unless the company meets certain targets, typically a higher stock price or market value or improved operating profits.
The Associated Press’ CEO compensation survey, which uses data analyzed for The AP by Equilar, included pay data for 344 executives at S&P 500 companies who have served at least two full consecutive fiscal years at their companies, which filed proxy statements between Jan. 1 and April 30.
Rampant wealth inequality almost always ends the same way throughout all of recorded human history…
https://www.youtube.com/watch?v=TMHCw3RqulY
But every generation of Uber wealthy convinced themselves that this time 99.9% of the population will just roll over and take it.
But when people have nothing to lose, they tend to act like it. And eventually the only people with anything worth taking stuff from is the 0.1%, so they always end up targeted by literally everyone else.
It’s what Biblical Gluttony was talking about, not eating too much. But hoarding all the resources to the detriment of everyone else. This isn’t a new problem, we don’t really need to reinvent a new solution for it.
I’m sure electing the anti-tax party just in time to renew the tax reforms they also wrote previously will fix this. /s
Jokes aside, wealth concentration has been accelerating for a while now.
Eat the rich.
Versus 3.8-4% for the average worker.
Kill Em All.
