The rich are stupid, just like everyone else. That in itself goes against the narrative that has been woven in our corporate mass media, the accepted narrative that makes it seem as though the rich are meritous and deserve to hoard wealth.
This illusion is why CEOs will never be held accountable for their actions. Shareholders are part of the pyramid scheme feeding everyone on the very top. Failures of the visionary founder CEO are like failures of Kim Jong Un: certainly not their fault! Your undying support as a shareholder is required to right the ship. Your lack of faith is what caused the failure in the first place.
Of course I haven’t out-earned them, I don’t have an army of accountants and lawyers working due me to dodge taxes and avoid complying with laws, access to private equity investment, insider trading knowledge, and all of my income is W2, so my tax rate is about 4x higher than any billionaire.
This isn’t a liberal/conservative thing.
This is a class conflict thing.
The rich are stupid, just like everyone else. That in itself goes against the narrative that has been woven in our corporate mass media, the accepted narrative that makes it seem as though the rich are meritous and deserve to hoard wealth.
This illusion is why CEOs will never be held accountable for their actions. Shareholders are part of the pyramid scheme feeding everyone on the very top. Failures of the visionary founder CEO are like failures of Kim Jong Un: certainly not their fault! Your undying support as a shareholder is required to right the ship. Your lack of faith is what caused the failure in the first place.
Of course I haven’t out-earned them, I don’t have an army of accountants and lawyers working due me to dodge taxes and avoid complying with laws, access to private equity investment, insider trading knowledge, and all of my income is W2, so my tax rate is about 4x higher than any billionaire.