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> Money is conserved I agree with this. You should run the numbers and look at how much companies could improve workers wages by. I did this a few years ago wi
by jeffreyrogers 5y ago
> Money is conserved
I agree with this. You should run the numbers and look at how much companies could improve workers wages by. I did this a few years ago with Walmart, I was surprised by how small the amount was. I think these companies are more constrained than you think, and the huge difference in earnings (which I'm not defending) between the executives and the average worker is more due to their scale and the fact that they can skim a bit off every worker than due to pure exploitation. E.g. Walmart has ~2m employees. $100 from each is $200m more for the executives, but it's not really going to make much a difference to an employee to get an extra $100 per year.