CEO Compensation Increased 940% Between 1978 and 2018, Workers’ Only by 12%

[rightwinger]

An Economic Policy Institute study shows that the dramatic increase in CEO compensation has a large impact on increasing inequality--worker pay could have doubled without the rise in CEO income.
CEO Compensation Increased 940% Between 1978 and 2018, Workers' Only by 12%

But, greed is good isn't it ?

Pretty funny that workers wages stopped rising not long after we changed immigration laws to allow massive Third WOrld immigration.


But hey, let's not try changing the things that cause "inequality". That misses the point.


The point is just to talk about it. And make vague anti-American posts.

They stopped rising after we cut the bottom out from unions.

Workers who can’t organize are left on their own. Easy prey to corporate masters

Your wetbacks went to work under the table for a shitload less...Wetbacks ruined unions. See how this shit works...How can you have all the pet humans your heart desires and climbing wages?

Illegal workers work menial labor while unions represented skilled labor

 

[Toddsterpatriot]

Don't discount the effect of legal immigrants.


Wages don't rise, unless there is a SHORTAGE OF LABOR.

Don't discount the effect of legal immigrants.


Wages don't rise, unless there is a SHORTAGE OF LABOR.

Workers' wages also rise when there's an increase in UNION representation.

Bloomberg - Are you a robot?

Perhaps. Do you wish to address my point about surplus labor?


Or is bringing in more dem voters more important than concern about wages?

Perhaps. Do you wish to address my point about surplus labor?

All human labor is a thing of value, i.e., a commodity, but unlike other commodities labor also creates value. The "owners" of the means of production derive their profit from exploiting the surplus labor of their workers.

In this system owners do everything necessary to increase profit: they fire workers, while expecting those who remain to increase productivity. They decrease benefits and set workers in competition with one another which drives down wages.

In short, it's not immigrants who decrease wages; it is the inherent unfairness of businesses run for profits which are split between owners and high-end managers, but where none of the surplus goes to the workers who create it.

Exploitation & Surplus Value

That ignores a number of factors and historical trends.


1. The owners provide capital, the "means of production" and assume all the risk.

2. immigrants DO increase the supply of labor, thus driving down price, ie wages.

3. Wages DID rise along with productivity. Until the immigration act of 65 flooded the labor market with Third World labor.

CEO compensation has grown 940% since 1978: Typical worker compensation has risen only 12% during that time

"From 1978 to 2018, CEO compensation grew by 1,007.5% (940.3% under the options-realized measure), far outstripping S&P stock market growth (706.7%) and the wage growth of very high earners (339.2%).

"In contrast, wages for the typical worker grew by just 11.9%."

Can you find a way to blame immigrants for CEO compensation levels?

"From 1978 to 2018, CEO compensation grew by 1,007.5% (940.3% under the options-realized measure), far outstripping S&P stock market growth (706.7%) and the wage growth of very high earners (339.2%).

"In contrast, wages for the typical worker grew by just 11.9%."

EPI is so full of shit, they could fertilize the entire Wheat Belt with this article.

 

[rightwinger]

CEOs in the US are the highest paid, yet their productivity is not better. They just exist in an environment where their compensation is unchecked

 

[Admiral Rockwell Tory]

Actually, no. It is employing the masses and making their lives better.

As opposed to socialism, which is stealing from them and ultimately starving them.

Russia's life expectancy had risen fast under communism. In 1913 the life expectancy was 32 by 1950 it was 64.Health in Russia - Wikipedia

That's not really something to brag about. The US life expectancy in 1913 was between 50-55 for men/women respectively. By 1950 it was 65-71 for men/women respectively.

Of course, we didn't kill off all those people like the Russians did during their revolution and under Stalin. You neglected to count the 500,000 killed in the Bolshevik Revolution and the 20 million killed by Stalin, so the life expectancy stats for Russia are pretty much a moot point.

Stalin had a holodomor famine, and so did the United States.American Holodomor

Ahhh, I see. So it wasn't Stalin's fault all those Russian people died.


Riiiighhht.

How many people has the United States killed? Timeline of United States military operations - Wikipedia

Apparently not enough!

 

[Admiral Rockwell Tory]

They're including capital gains, stock dividends as well as income and bonuses and tax loopholes I'm sure.

So what? It's their job and their negotiated income based on performance. They wouldn't have the job or the pay without performance. The board of directors would fire them in a second. And boards do that on a regular basis.

CEOs need to be replaced by worker co-ops.

The operative word in your statement is "need". According to who's opinion? And how will you replace the private company's infrastructure without violence/theft/destruction? And who's going to replace the businessman at the top? Some drooling imbecile factory worker who made it to the top floor with a rifle first? How many times in history has a violent mob stolen private property/means of production and made it more productive?

I know. A history book scared you when you were little.

His elevator doesn't even reach the top floor, so there is no way for anyone to get up there!

 

[georgephillip]

Pretty funny that workers wages stopped rising not long after we changed immigration laws to allow massive Third WOrld immigration.


But hey, let's not try changing the things that cause "inequality". That misses the point.


The point is just to talk about it. And make vague anti-American posts.

They stopped rising after we cut the bottom out from unions.

Workers who can’t organize are left on their own. Easy prey to corporate masters

Your wetbacks went to work under the table for a shitload less...Wetbacks ruined unions. See how this shit works...How can you have all the pet humans your heart desires and climbing wages?

Don't discount the effect of legal immigrants.


Wages don't rise, unless there is a SHORTAGE OF LABOR.

Don't discount the effect of legal immigrants.


Wages don't rise, unless there is a SHORTAGE OF LABOR.

Workers' wages also rise when there's an increase in UNION representation.

Bloomberg - Are you a robot?

Unions suck. Die, die, die.

Unions suck. Die, die, die.

CEO compensation has grown 940% since 1978: Typical worker compensation has risen only 12% during that time

 

[georgephillip]

Workers' wages also rise when there's an increase in UNION representation.

Bloomberg - Are you a robot?

Perhaps. Do you wish to address my point about surplus labor?


Or is bringing in more dem voters more important than concern about wages?

Perhaps. Do you wish to address my point about surplus labor?

All human labor is a thing of value, i.e., a commodity, but unlike other commodities labor also creates value. The "owners" of the means of production derive their profit from exploiting the surplus labor of their workers.

In this system owners do everything necessary to increase profit: they fire workers, while expecting those who remain to increase productivity. They decrease benefits and set workers in competition with one another which drives down wages.

In short, it's not immigrants who decrease wages; it is the inherent unfairness of businesses run for profits which are split between owners and high-end managers, but where none of the surplus goes to the workers who create it.

Exploitation & Surplus Value

That ignores a number of factors and historical trends.


1. The owners provide capital, the "means of production" and assume all the risk.

2. immigrants DO increase the supply of labor, thus driving down price, ie wages.

3. Wages DID rise along with productivity. Until the immigration act of 65 flooded the labor market with Third World labor.

CEO compensation has grown 940% since 1978: Typical worker compensation has risen only 12% during that time

"From 1978 to 2018, CEO compensation grew by 1,007.5% (940.3% under the options-realized measure), far outstripping S&P stock market growth (706.7%) and the wage growth of very high earners (339.2%).

"In contrast, wages for the typical worker grew by just 11.9%."

Can you find a way to blame immigrants for CEO compensation levels?

"From 1978 to 2018, CEO compensation grew by 1,007.5% (940.3% under the options-realized measure), far outstripping S&P stock market growth (706.7%) and the wage growth of very high earners (339.2%).

"In contrast, wages for the typical worker grew by just 11.9%."

EPI is so full of shit, they could fertilize the entire Wheat Belt with this article.

From 1978 to 2018, CEO compensation grew by 1,007.5% (940.3% under the options-realized measure), far outstripping S&P stock market growth (706.7%) and the wage growth of very high earners (339.2%).

"In contrast, wages for the typical worker grew by just 11.9%."

EPI is so full of shit, they could fertilize the entire Wheat Belt with this article

So...would you care to point out any EPI inaccuracies or are you just being a Good Greed Head?

 

[Wyatt earp]

CEOs in the US are the highest paid, yet their productivity is not better. They just exist in an environment where their compensation is unchecked

Not better?


They hired you didn't they. ...

 

[Toddsterpatriot]

CEOs in the US are the highest paid, yet their productivity is not better. They just exist in an environment where their compensation is unchecked

Bullshit.

 

[Toddsterpatriot]

They stopped rising after we cut the bottom out from unions.

Workers who can’t organize are left on their own. Easy prey to corporate masters

Your wetbacks went to work under the table for a shitload less...Wetbacks ruined unions. See how this shit works...How can you have all the pet humans your heart desires and climbing wages?

Don't discount the effect of legal immigrants.


Wages don't rise, unless there is a SHORTAGE OF LABOR.

Don't discount the effect of legal immigrants.


Wages don't rise, unless there is a SHORTAGE OF LABOR.

Workers' wages also rise when there's an increase in UNION representation.

Bloomberg - Are you a robot?

Unions suck. Die, die, die.

Unions suck. Die, die, die.

CEO compensation has grown 940% since 1978: Typical worker compensation has risen only 12% during that time

You don't have to repeat that lie, I already mocked it.

 

[Toddsterpatriot]

Perhaps. Do you wish to address my point about surplus labor?


Or is bringing in more dem voters more important than concern about wages?

Perhaps. Do you wish to address my point about surplus labor?

All human labor is a thing of value, i.e., a commodity, but unlike other commodities labor also creates value. The "owners" of the means of production derive their profit from exploiting the surplus labor of their workers.

In this system owners do everything necessary to increase profit: they fire workers, while expecting those who remain to increase productivity. They decrease benefits and set workers in competition with one another which drives down wages.

In short, it's not immigrants who decrease wages; it is the inherent unfairness of businesses run for profits which are split between owners and high-end managers, but where none of the surplus goes to the workers who create it.

Exploitation & Surplus Value

That ignores a number of factors and historical trends.


1. The owners provide capital, the "means of production" and assume all the risk.

2. immigrants DO increase the supply of labor, thus driving down price, ie wages.

3. Wages DID rise along with productivity. Until the immigration act of 65 flooded the labor market with Third World labor.

CEO compensation has grown 940% since 1978: Typical worker compensation has risen only 12% during that time

"From 1978 to 2018, CEO compensation grew by 1,007.5% (940.3% under the options-realized measure), far outstripping S&P stock market growth (706.7%) and the wage growth of very high earners (339.2%).

"In contrast, wages for the typical worker grew by just 11.9%."

Can you find a way to blame immigrants for CEO compensation levels?

"From 1978 to 2018, CEO compensation grew by 1,007.5% (940.3% under the options-realized measure), far outstripping S&P stock market growth (706.7%) and the wage growth of very high earners (339.2%).

"In contrast, wages for the typical worker grew by just 11.9%."

EPI is so full of shit, they could fertilize the entire Wheat Belt with this article.

From 1978 to 2018, CEO compensation grew by 1,007.5% (940.3% under the options-realized measure), far outstripping S&P stock market growth (706.7%) and the wage growth of very high earners (339.2%).

"In contrast, wages for the typical worker grew by just 11.9%."

EPI is so full of shit, they could fertilize the entire Wheat Belt with this article

So...would you care to point out any EPI inaccuracies or are you just being a Good Greed Head?

Sure. Post the wages of the typical worker now.
If you can find it, post the wages back in 1978.

I'll be happy to do the math after you find that info.

 

[BluesLegend]

Ah...Fake News the OP is laughable.

 

[the other mike]

Ah...Fake News the OP is laughable.

We'll see when Trump is laughed out of the White House
by Pocahontas or the Sandman.

 

[the other mike]

 

[BluesLegend]

Ah...Fake News the OP is laughable.

We'll see when Trump is laughed out of the White House
by Pocahontas or the Sandman.

LMAO Trump is still the president Trump won again??

 

[the other mike]

Ah...Fake News the OP is laughable.

We'll see when Trump is laughed out of the White House
by Pocahontas or the Sandman.

LMAO Trump is still the president Trump won again??

If they try to shove Biden down our throats he will.

 

[BluesLegend]

Ah...Fake News the OP is laughable.

We'll see when Trump is laughed out of the White House
by Pocahontas or the Sandman.

LMAO Trump is still the president Trump won again??

If they try to shove Biden down our throats he will.

None of the Dem candidates can stand toe to toe with Trump in a debate he'll mop the floor with them.

 

[Correll]

An Economic Policy Institute study shows that the dramatic increase in CEO compensation has a large impact on increasing inequality--worker pay could have doubled without the rise in CEO income.
CEO Compensation Increased 940% Between 1978 and 2018, Workers' Only by 12%

But, greed is good isn't it ?

Pretty funny that workers wages stopped rising not long after we changed immigration laws to allow massive Third WOrld immigration.


But hey, let's not try changing the things that cause "inequality". That misses the point.


The point is just to talk about it. And make vague anti-American posts.

They stopped rising after we cut the bottom out from unions.

Workers who can’t organize are left on their own. Easy prey to corporate masters

Yes the republicans sent our well paying jobs to china with their war on unions. Now they pretend to want those jobs back.

Why do you say "pretend"?

It’s a political game. They don’t care about workers, they sent the jobs away in the first place.

So, you missed that entire debate about Free Trade Ideologues vs economic self interest Populism in the primaries?



What actually happened was the Free Trade Ideologues used to rule the GOP. They got their way for a long time.


The results were not what they promised.


Eventually, far too slowly, imo, the less Ideologically and more pragmatic republicans, managed to sway the party to a new direction.


The Free Traders who sent the jobs overseas, were not pretending. They believe in Free Trade.


The Economic Nationalists who want those jobs back, are not pretending. We want those jobs back.


This should not be confusing to you.

 

[Correll]

Pretty funny that workers wages stopped rising not long after we changed immigration laws to allow massive Third WOrld immigration.


But hey, let's not try changing the things that cause "inequality". That misses the point.


The point is just to talk about it. And make vague anti-American posts.

They stopped rising after we cut the bottom out from unions.

Workers who can’t organize are left on their own. Easy prey to corporate masters

On the flip side, labor unions and workers who organized those were singularly responsible for China, India, Taiwan, Japan, Vietnam, Sri Lanka, etc. being the economic powers they are today, thereby causing the massive loss of American jobs. Did you expect all those American manufacturers to buckle and lose profit because of the extortion from organized labor?

And I suppose you now claim to want those jobs back? That is funny.

That was one of Trump's primary messages. Did you miss the primaries?


Why do you think that is funny?

Because the republican war on unions is why they left in the first place.

It does not make sense that decreased union membership HERE, is a reason to send jobs overseas.

 

[Correll]

Don't discount the effect of legal immigrants.


Wages don't rise, unless there is a SHORTAGE OF LABOR.

Don't discount the effect of legal immigrants.


Wages don't rise, unless there is a SHORTAGE OF LABOR.

Workers' wages also rise when there's an increase in UNION representation.

Bloomberg - Are you a robot?

Perhaps. Do you wish to address my point about surplus labor?


Or is bringing in more dem voters more important than concern about wages?

Perhaps. Do you wish to address my point about surplus labor?

All human labor is a thing of value, i.e., a commodity, but unlike other commodities labor also creates value. The "owners" of the means of production derive their profit from exploiting the surplus labor of their workers.

In this system owners do everything necessary to increase profit: they fire workers, while expecting those who remain to increase productivity. They decrease benefits and set workers in competition with one another which drives down wages.

In short, it's not immigrants who decrease wages; it is the inherent unfairness of businesses run for profits which are split between owners and high-end managers, but where none of the surplus goes to the workers who create it.

Exploitation & Surplus Value

That ignores a number of factors and historical trends.


1. The owners provide capital, the "means of production" and assume all the risk.

2. immigrants DO increase the supply of labor, thus driving down price, ie wages.

3. Wages DID rise along with productivity. Until the immigration act of 65 flooded the labor market with Third World labor.

CEO compensation has grown 940% since 1978: Typical worker compensation has risen only 12% during that time

"From 1978 to 2018, CEO compensation grew by 1,007.5% (940.3% under the options-realized measure), far outstripping S&P stock market growth (706.7%) and the wage growth of very high earners (339.2%).

"In contrast, wages for the typical worker grew by just 11.9%."

Can you find a way to blame immigrants for CEO compensation levels?

I'm blaming them for workers wages not keeping up with rises in productivity.

My concern is not some sort of relative comparison between workers and CEOs, but a desire for a better outcome for American workers, ie higher wages.