Flashback: Here's Chuck Schumer Arguing for Anti-Fraud Measures for Illegals
NH Teacher Union Head Says the Quiet Part Out Loud As She Rails...
WATCH: The New Naked Gun Trailer Drops With the PERFECT O.J. Simpson Joke
Flashback: Here's Nancy Pelosi Singing a (D)ifferent Tune on China, Trade Deficits, and...
‘Hmmm’: Adam Kinzinger Suspicious There Are No Tariffs on Russia
What a Peach! Watch Unhinged Leftist Crow About 'No FEMA' for Tornado-Impacted Red...
Tim Walz's Magical Media Tour Continues! He Tells MSNBC Voters Regret Electing Trump...
Not Even CLOSE, Bud! The Hill Wants Us to Believe the Pendulum Is...
Only 19% of Baltimore Kids Are Proficient in Math, So the District Spends...
Jamie Raskin Calls Fed. Employees Patriots, Claims They Pass Up MANY Rich Jobs...
U.S. Bans Romantic Relationships Between Gov Workers and Chinese Citizens, Eric Swalwell H...
EPIC Post from GenZ'r Explaining Why He's NOT Worried About His 401K DECIMATES...
Now That the Border Is Secure It's Safe for Dems to Go (Tom...
NBC News Scrapes the Bottom of the Barrel to Get a Nurse's Opinion...
CNN's Abby Phillip Gets Fact Checked to Her Face!

Yes, Next Question: Jacobin Mag Asks If CEOs Create More Value Than Workers, Get Answers They Do Not Like

ImgFlip

Coming on the heels of the high-profile murder of UnitedHealthcare CEO Brian Thompson, the fact Jacobin Magazine is asking this question is, in and of itself, vile. But the question is also idiotic and terrible.

Advertisement

Pay, in a capitalist society, is based on value. You get paid baed on the value you bring to your company. Which is why a grocery store bagger makes less than the cashier who makes less than the produce manager who makes less than the store manager.

You get where we're going with this.

But the Left? They don't understand basic economic principles. They do understand greed, however.

They write:

This argument has always been a myth, but that has not stopped the average ratio of CEO to worker pay from widening tremendously. In 1965, America’s average CEO to worker pay ratio was 21:1. According to a 2022 analysis conducted by the AFL-CIO, it is now 272:1, with the average wages of CEOs and workers at $16.7 million and $61,900 respectively. It’s already pretty hard to make a moral case for inequality on this scale — but, as it turns out, the efficiency and desert arguments for it don’t hold water either.

A new analysis jointly conducted by the Institute for Policy Studies (IPS) and the Congressional Progressive Caucus Center (CPCC) suggests that colossal increases in CEO pay are unrelated to improved performance and reflect little more than “a rigged system that extracts wealth from ordinary workers and channels profits to the top of the corporate ladder.” This is immediately evident when you look at the methods used to inflate compensation for the highest-paid executives.

Advertisement

What a bunch of communist claptrap.

CEOs run companies that give all those employees jobs. By the way, if the average wages of workers is $61,900, that comes out to a pay rate of just under $30 an hour. We thought the Left wanted half that as a 'living wage', right?

Exactly.

They sure do.

Yes. The answer to their question is yes.

They give all those people jobs and keep the company profitable so those people continue to have jobs.

Maybe that they'll understand.

They don't understand this, because they've created nothing of value.

Advertisement

Take Jacobin, for example.

Trained monkeys could do what Jacobin does, so point taken.

Fair point.

Easily.

Join the conversation as a VIP Member

Recommended

Trending on Twitchy Videos

Advertisement
Advertisement
Advertisement