> according to that logic, lawyers, CEOs, line managers and HR should be paid what they were 100 years ago
Is that not true? Carnegie and Rockefeller were even relatively richer than the CEOs are today, and I'm sure their lawyers were compensated for as well as today's richest lawyers as well.
yes, for almost all of human history wealth inequality has been (far) worse than it is today.
The only period of relatively more equality was post-WW2. Inequality then, as ever, has only been reduced by mass death -- either in the form of wars, or plagues, famines etc.
The mechanism of wealth acquisition, ie., investment /(preferential attachment), necessarily iterates towards increasing levels of inequality.
Is that not true? Carnegie and Rockefeller were even relatively richer than the CEOs are today, and I'm sure their lawyers were compensated for as well as today's richest lawyers as well.