Thanks for highlighting two things in particular:
“The bill hasn’t made it through the legislature because business groups call it a “job killer.” The reality is the opposite. CEOs don’t create jobs. Their customers create jobs by buying more of what their companies have to sell. So pushing companies to put less money into the hands of their CEOs and more into the hands of their average employees will create more jobs.”
“It turns out the higher the CEO pay, the worse the firm does. Professors Michael J. Cooper of the University of Utah, Huseyin Gulen of Purdue University, and P. Raghavendra Rau of the University of Cambridge, recently found that companies with the highest-paid CEOs returned about 10 percent less to their shareholders than do their industry peers.”
The airwaves and then our consciousness get stuffed full of such Ayn Randian “Job killer!” and “They earned it!” plutocratic talking points that sort of sound plausible except they are falsehoods and lies.
And i appreciate the overall outline here, which demonstrates that the so-called “free market” is THOROUGHLY engineered, not the “natural phenomenon” portrayed by plundering plutocrats and their endless supply of mouthpieces and lackeys.