We're being pickpocketed | Josie Pagani



We're being pickpocketed

We're being pickpocketed. Tea-leafed. We are being systematically fleeced, shaken down and gouged by what looks to be a pattern of corporate arrogance.

There's something else going on other than just lack of competition regulation. I think it's inequality. Look into the salaries of oligopoly executives and you routinely find million-dollar salaries, often multimillion. They are out of touch. I don't mind big incomes for entrepreneurs (so long as they pay fair wages and their share of tax), but these are not start-ups making a killing with innovative ideas and disrupting tired business models. The executives are not risking their own coin.

Full column here.

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