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It obviously can't explain where the actual money is going, but it potentially can change the way CEOs behave in a way that changes where money goes. Before th
by TheCoelacanth 2y ago
It obviously can't explain where the actual money is going, but it potentially can change the way CEOs behave in a way that changes where money goes.
Before the rise in CEO comp, CEOs were upper-middle class or borderline upper class. After the rise, CEOs are solidly upper class.
That aligns CEOs' interests much more firmly with the interests of capital and less with the interests of labor.