Why shareholder value drives income inequality
- Written by Thomas Clarke, Professor, UTS Business, University of Technology Sydney
The CEO of Domino’s Pizza takes home roughly 435 times the average full-time wage. Jeff Bezos has become the world’s richest person with a A$200 billion fortune off the backs of low-paid Amazon warehouse workers. Rampant inflation in CEO realised pay has continued unabated while wages for Australian working people have been stagnant...