You say "
Today's best paid CEO's make over 2000% of the annual wage of the average employee."
If that were true, things wouldn't be nearly as atrocious as they are. The pay inequity is actually so bad that it staggers the imagination. It's so bad that the numbers themselves leave the realm of ordinary experience and cannot be portrayed in terms that we're familiar with.
The average CEO in Amerika today 'earns'
over 400 times as much as the average worker in their company!
That's over
40000% ... twenty times larger than 2000%.
Stated another way, a CEO is paid in one year what it'd take the average worker
twenty lifetimes to earn! Twenty (fucking!) lifetimes!! Lifetimes of labor - too often back-breaking, dirty, stressful, and unhealthy labor. For the enrichment of others.
According to the Net Income per Employee financial figures for the S&P500, the average employee is compensated for only about 1/3rd of the value of their labor ... and those compensation figures include the salaries and wages of executives! On top of this, earned income is taxed at more than double the rates of unearned income!
Executive salaries, and worse, executive compensation, are an absolute abomination.
An economic system that enormously enriches a powerful minority by confiscating the value of the labor of working people is nothing short of "plantation economics" ... the moral equivalent of slavery. Colonialism.
P.S. That would be "the
tenets of fascism" not "the tenants (sic) of fascism."
I know... I'm a nitpicker.
