This, in turn, is caused by the size of the companies being so large.
This, in turn, is caused by the size of the companies being so large.
You can still make everyone's wages better without paying millions to each person and definitely not to the CEO
> You can still make everyone's wages better without paying millions to each person and definitely not to the CEO
The point is that the CEO's pay typically scales with the size of the company more than the media wage. Moreover, the latter is set by supply and demand in the labor market, so if you want it to go up you either need less labor or more demand for labor.
Unless you want to get into anti-immigrant and protectionist measures, the first one looks like instituting a UBI or increasing the child tax credit so people are less compelled to take bad jobs for low pay. The second one is "make the economy stronger" (e.g. reduce corruption/waste or lower taxes) and "make the market more competitive" (e.g. make companies smaller so there are more of them and they have to outbid each other for labor and customers, so labor receives the gains as either higher wages or lower prices).
There is no point at which "expect publicly traded for-profit companies to spontaneously become charitable with wages" is a viable strategy, and they do not respond to shame.
People who have a job at Boeing are already well off by global standards (and probably even by developed world standards). If you want to take from the rich and give to the poor, how about we give to the actual poor?