The problem is not capitalism. The problem is perverse incentives of Wall Street. Why did these CEOs get huge pay bumps? They improved their primary product: s

The problem is not capitalism. The problem is perverse incentives of Wall Street. Why did these CEOs get huge pay bumps? They improved their primary product: shares of the company. So many of these publicly traded companies don't have the product or service they claim to sell as their highest-priority market. Instead it is the stock market that has become their primary concern which incentivizes short term "value" extraction over everything else, including viability of the company's goods sold in consumer markets. I don't know how we put the genie back in the bottle. Perhaps taxing capital gains from securities as income? Were these companies private, they wouldn't have hired to trend, and fired to trend. They would have ensured their focus on their actual product, and their ability to continue to compete and deliver it. I don't know why Apple seems able to do this. Perhaps they've just hit escape velocity.