Re:Private sector lost 33k jobs, badly missing expectations ...
by StackRanker3000 on Thursday July 03, 2025 @05:35AM
(#44453276)
Just to be clear, I don’t think it’s fair to say that Sweden has higher disparity of wealth than the US: https://news.ycombinator.com/item?id=44453264
The issue with disparity is it's a reflection of the unfair conditions of compensation. Elon Musk's employees make him that money, not Elon. He could make all of his employees multi-millionaires overnight by granting more generous stock plans commensurate with the money they've made the company. Reasonable profit sharing plans basically ensure this, but since companies all collude to not grant them, we see them as relatively rare in the working world. The state should be requiring companies to grant profit sharing. Not gonna bike shed it here, but it needs to be done yesterday.