Lol there’s a stub titled “investor activism” under which this letter falls under. Jesus fucking christ, when you’re a billionaire it’s not “activism” it’s just straight up human manipulation
“We overcame these abuses back then, and we can do it again” - I love this part as he breaks down the repeating pattern we saw at the end of the 1800’s, and what happened when Americans of that day were fed up.
Right, also the 40 hour work week and two day weekend happened because capitalists, from the bottom of their hearts, decided to give those things to the workers.
Why can’t people understand how much they really care about us and the planet?
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“average top CEO compensation was $15.6 million in 2021, up 9.8% since 2020. In 2021, the ratio of CEO-to-typical-worker compensation was 399-to-1 under the realized measure of CEO pay; that is up from 366-to-1 in 2020 and a big increase from 20-to-1 in 1965 and 59-to-1 in 1989”
A billionaire wrote this letter to Google a year ago. How likely is that Google's layoffs and actions since then are at least partly because of this? ( lemmy.world )
From Robber Barons to Bezos: Is History Repeating Itself? America's Second Gilded Age ( youtu.be )
“We overcame these abuses back then, and we can do it again” - I love this part as he breaks down the repeating pattern we saw at the end of the 1800’s, and what happened when Americans of that day were fed up.
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CEO pay has skyrocketed 1,460% since 1978 ( www.epi.org )
“average top CEO compensation was $15.6 million in 2021, up 9.8% since 2020. In 2021, the ratio of CEO-to-typical-worker compensation was 399-to-1 under the realized measure of CEO pay; that is up from 366-to-1 in 2020 and a big increase from 20-to-1 in 1965 and 59-to-1 in 1989”