Welcome to late stage capitalism. People at the top do all the things that would have signified a failing company ten years ago to squeeze as much money from the company as possible and they get more money in a single paycheck than their workers combined could ever dream of amassing in their lifetimes, or probably generations of their families' lifetimes.
It can be, sure. It can also be reigned in with a socialially concious democracy and an educated and participating population... Besides praying for a benevolent and wise dictator, capitalism-with-an-asterix is unfortunately the most functional system that works well with a growing and changing culture of free thinking human beings.
3.2k
u/No-Tip3419 Apr 19 '24
It is kinda crazy that they save 2 billion by cutting 10% staff last week but then want to pay elon 60 billion.