If only compensation for the 0.1% stopped there. But unfortunately, the distribution of income pretty closely follows the Pareto principle.
If only compensation for the 0.1% stopped there. But unfortunately, the distribution of income pretty closely follows the Pareto principle.
I dispute that.
However, I also acknowledge that I don't have a solid proposal to deal with how to distribute vast revenue/profits within organizations that successfully raise them. Mostly I think it indicates they should be charging customers/clients less, but I'm not a proponent of any sort of simplistic "maximimum salary" rules.
I am of course speaking from a human context, which I realize is not the context normally used when talking about these things. You're utterly right: It's not salacious in the capitalistic context from which we have yet to find a viable escape.
Yes, one can argue that the world is (today) set up such that these numbers aren't huge, to which my response would be that today's world is badly mis-calibrated along the axis of income inequality.