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What point are you suggesting with your Nepal example? It's a third world country. Fast presumably employed people in San Francisco. That weekly wage from Nepal
by jthrowsitaway 5y ago
What point are you suggesting with your Nepal example? It's a third world country. Fast presumably employed people in San Francisco. That weekly wage from Nepal might buy you a bag of apples from Costco here. An entire year's worth of wages in Nepal might pay for one month's rent of basic housing.
Sure, nobody needs $250k per year to survive. CEOs also don't need to have an obscene compensation ratio compared to their workers. Health care companies don't need to rake in billions in profits every quarter. Sitting congress people don't need to conduct stock trades worth hundreds of millions every year. But here we are.
Companies paying everyday employees competitive wages in a free market is way down on my list of things to lose sleep over. We have a few other systemic issues I'd like to see solved first.
- dmje 4y ago> We have a few other systemic issues I’d like to see solved first Insane levels of inequality is what’s on my list
- panick21_ 4y agoActually helping poverty seems like more important then any relative measure.
- kortilla 4y agoDo you know what the average salary is in the Bay Area? You’re completely out of touch if you think $250k is “insane inequality”. Take a look through the salaries paid for working at public transit there (BART): https://www.bart.gov/sites/default/files/docs/Salary%20Schedule%201.1.2020%20%28FINAL%29.pdf https://www.bart.gov/sites/default/files/docs/Salary%20Sched...
- hu3 4y agoBay Area is an exception on it's own. I think that link proves OP's point.