With wealth inequality and billionaire control over American society growing ever more obscene, it’s well past time to implement a maximum wage limit.
With wealth inequality and billionaire control over American society growing ever more obscene, it’s well past time to implement a maximum wage limit.
Is it? This is the first I’m encountering that idea. I think most are aware it happens via gains in other ways.
You’d be surprised. My dad once complained about “the top 10%, the billionaires” and I had to I’ve inform him that based on wealth and income, he’s the top 10% just being middle class, and the billionaires basically don’t even show up as a percentage because there’s only like a thousand in the entire world. Most people do not understand how any of this works and do not have even a basic understanding of how any of these people got wealthy in the first place.
Now that doesn’t surprise me a bit. Many people struggle with curves and the intuition of growth systems.
Have you considered you may be in an echo chamber? Most Americans can barely operate on a 6th grade reading comprehension level. Source years of customer facing work as an American
Sure I’m in probably a few. But I also think I’m old and decently read. And I haven’t encountered people that think billionaires got this money from salary.