Dunno, not sure there’s a way to conclusively pick an amount that’s “fair” since any metrics for that are arbitrary. Just going by productivity vs wages and the premise that what people were paid in 1979 was what they “should” be paid given that ratio, you could say 3x, but there’s a lot of assumptions there. To me the bigger story seems to be the ongoing trend of how capital keeps accumulating capital, and the share of the pie owned by regular people continues to decrease regardless of their contributions, and what that might mean for our future.
Dunno, not sure there’s a way to conclusively pick an amount that’s “fair” since any metrics for that are arbitrary. Just going by productivity vs wages and the premise that what people were paid in 1979 was what they “should” be paid given that ratio, you could say 3x, but there’s a lot of assumptions there. To me the bigger story seems to be the ongoing trend of how capital keeps accumulating capital, and the share of the pie owned by regular people continues to decrease regardless of their contributions, and what that might mean for our future.
Existential crisis: Activated