The problem is this is a fundamental misunderstanding of the actual problem. If anything, high ceo pay just tells you the board has been captured by the ceo bec

The problem is this is a fundamental misunderstanding of the actual problem. If anything, high ceo pay just tells you the board has been captured by the ceo because shareholding is too dispersed to form a coherent line to push back from and discipline the board by firing them when they overpay the ceo. This isn't a problem, this is actually usually great because ceos are often not old wealth, it is bringing middle class and upper middle class kids that made it into the 1% or 0.1%. That there is so much profit for a ceo to take if they can capture the board is because of the actual problem. The actual problem is structural in two parts, the first part is integrating third world labor has blown a hole in labors pricing power and will continue to do so for another couple generations but should sort itself out. The second part is government has failed at breaking up companies with excess market power and that problem needs people like singh to pull their heads out of their asses and fix it. Unfortunately singh doesn't even comprehend the real problem and that makes him unfit to lead.