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What does "Large power gradients" mean? Tell me something it reflects in the real world. Ultimately, I probably think people have more agency & opportunity 2 flourish in America than you do. There is a large group of excluded people. Not related to CEO pay or "power gradients."
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Replying to @EconTalker and @PJORourke
That’s attacking the strawman implication of the pay differential graphic you QTed. High pay differentials are symptomatic of large power gradients resulting in strong well-being impact at the bottom. Increasing stress and decreasing agency constitute impoverishment.
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Sorry, but this picture does not capture what an actual business organization feels like, or at least a moderately successful one. A great CEO, btw, is admired by workers in the organization. I've seen it firsthand.
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Absolutely. We care a lot about what people think of us and how we rate. But paying CEOs more today than in the past doesn't affect my health. Sorry. (Though I do get annoyed that some use their political power for special privileges.)
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