@mike451@mastodon.ie

Firstly, CEO's jobs have changed substantially since the 70s with changes to corporate structures, tax treatment of corporate finances, market consolidation, and on and on.

It's pointless to look at the numbers out of context like that, both in terms of identifying problems and finding solutions.

Secondly, the idea that keeping employee wages down increases profits is clearly mathematically wrong. Increase one side of the equation by not touching the other? Some magic there.

And people who say well-paid are leeches need to consider that the ones writing them checks, giving up their money to pay these people, disagree. The ones with skin in the game say otherwise.