Sign up, and you'll be able to customize your font size and more! Sign up
Jul 11, 2020
11:10:16am
spinner board name checks out
“I remember the days when money was earned and not distributed” - when, exactly, was that?
Was it back in the good old days before labor unions started filling workers’ heads with these ideas of 40 hour work weeks, workplace safety and living wages? Now everyone just clamors about “distributing” not even pausing to think that maybe CEO pay has risen by over 1000% since 1978 because they’re doing a 1000% better job, and the perfectly functioning free market has rewarded them accordingly. Or maybe it’s the case that the supply of really good CEOs has contracted dramatically, and with the demand for executives being relatively inelastic, CEO wages have increased tenfold as a result, again as a result of a market that has functioned perfectly. They probably also never once stopped to consider that real income for workers during that period has only edged up by 12% because they’re only 12% more productive, and once again a perfectly functioning free market has acted accordingly.

It’s so silly for people to act like there might be structural issues contributing to this growing wealth gap, when clearly the massively growing wealth gap just demonstrates that the free market is functioning exactly as it should.
This message has been modified
Originally posted on Jul 11, 2020 at 11:10:16am
Message modified by spinner on Jul 11, 2020 at 11:12:07am
Message modified by spinner on Jul 11, 2020 at 11:12:36am
Message modified by spinner on Jul 11, 2020 at 11:18:48am
Message modified by spinner on Jul 11, 2020 at 11:19:15am
Message modified by spinner on Jul 11, 2020 at 11:19:50am
Message modified by spinner on Jul 11, 2020 at 11:37:02am
Message modified by spinner on Jul 11, 2020 at 11:38:57am
spinner
Bio page
spinner
Joined
Dec 16, 2001
Last login
May 17, 2024
Total posts
25,984 (10,374 FO)
Messages
Author
Time

Posting on CougarBoard

In order to post, you will need to either sign up or log in.