Labor compensation is determined primarily by substitutability. A $200K engineer creating "$1M worth of value" is not automatically deserving of a higher wage unless there is no one else willing to do that engineer's job for $200K.
I’m not saying don’t people pay well but the executives - non executive power balance is huge and I don’t see how a person can deny this.
Materially executives are also rarely helped accountable for their terrible decisions or layoffs would actually be laid at their feet.
Labor market imbalances of power are well documented and easily discoverable. It’s really plain at this point that material productivity gains have almost entirely been funneled to the top, with workers benefitting very little. Wages have not kept pace with productivity gains since the 1970s, even if you include the recent blip of wage increases they aren’t meaningful in the grand scheme of things.
I don’t know why we just accept these as truths or whatever cause they don’t have to be
I'm not a fan of the status quo. Things should change.