What I got from reading article is that "Technology creates greater inequality only if companies don't create proportionate value in return for the wealth founders/executives take away"
But if companies are actually creating value at least as much as the founders/executives take away, it isn't creating inequality.
The author has given examples later in the article. The good case being google's founders taking away only what is proportionate to the value their company has created. And the bad case being a CEO given $120 million in stock option pay when the company profit was just $150 million.
But if companies are actually creating value at least as much as the founders/executives take away, it isn't creating inequality.
The author has given examples later in the article. The good case being google's founders taking away only what is proportionate to the value their company has created. And the bad case being a CEO given $120 million in stock option pay when the company profit was just $150 million.