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https://xcancel.com/DrCraigEverett/status/1864509466001199301#m
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Call me Craig, not Dr. Everett. Finance prof @ Pepperdine Graziadio Business School. Exec Director of Most Fundable Companies List and Private Capital Mkts Proj
What fucking risk? The salaries are so high anyone can comfortably live with a years ceo pay for years.
What about the risk of the average laborer? The one that can be laid off on any whim and who has no resources to fall back on.
Well I can at least think of one risk now
I dated a girl whose father was very wealthy official in a country that was dealing with ISIS (they emigrated to the US to escape terrorism). Her dad put kidnapping insurance on her.
As inequality rises, these risks will become higher and higher and there will be fewer places to run.
The bourgeoise do not have a sense of self preservation; they will do anything but improve standards of living.
This will come back to bite them.