> Today’s messages glorify personal profit, even if bosses and investors — not workers — are the ones capturing most of the gains. Wage growth has been essentia

> Today’s messages glorify personal profit, even if bosses and investors — not workers — are the ones capturing most of the gains. Wage growth has been essentially stagnant for years. Everyone loves quoting this statistic out of context. Median wages have been stagnant but compensation for the top 10% (and the top 1% especially) have increased substantially. All those poor exploited FAANG engineers fall at least into the top 10% by income (120k/year), and very large fraction of them into the top 1% too (~300k/year). It's amusing how techies love to complain about being victims of capitalist oppression when in reality they are, by a very, very large margin, massive beneficiaries of rising inequality, not its victims.