CEO pay has jumped nearly 1,500 percent since 1978. It had nothing to do with hard work or greater productivity. Corporate bosses simply grabbed what they could.
Source: For Proof Reaganomics Was a Sham, Look to American CEOs’ Pay
Tag: Capitalist
The Pandemic Has Exposed the Free Market’s Fundamental Flaws. We Need a Democratically Planned Economy. By Hadas Thier As COVID-19 cases skyrocket again, hospitals remain understaffed and PPE and ventilators are still in short supply. We can’t leave people’s basic needs up to the whims of profit-seeking actors — we need democratic planning.
The Pandemic Has Exposed the Free Market’s Fundamental Flaws. We Need a Democratically Planned Economy.
olddogthoughts 