05/06/2019 (Mon) 23:28:01
Japan's CEOs are paid much less, but the working culture is still intense there. Europe is overall much better because they mandate vacations, and their vacations are basically as long as the summer breaks you had when you were a kid.
I don't buy into the narrative that extreme income inequality is required for progress. I think that's the propaganda capitalists, royalists, and land owners have fostered on is to prevent us from questioning their privilege. If there were more regular Joe's whi could afford a real education, you would get more innovations than as it is, where only the very rich can afford to get a Masters at a great school without entering crippling debt. Debt that prevents them from taking entrepreneurial risks developing new inventions and products.
I also don't buy into the argument work is inherently good. Most jobs suck, just bring in the robots. More jobs aren't the end all either, because what if those jobs were slave jobs? Would they still be good?Economists who only talk about GDP and the unemployment rate are tools of the establishment.