here is the link for hearing showing CEO of Boeing testified that workers got 1% wage increase in past eight years and CEO got 45% increase of salary from previous year to $32.8 million. https://m.youtube.com/shorts/kpRjE3W6nHo?ra=m
From the point view of Neomencianism, the reason for this is due to 1) wage of worker, actually the evaluation of human capital, is not tied to the final product value workers manufactured. 2) CEO salary is directly tied to the value of final product company manufactured.
That’s what the capitalism it is: severance the workers from final labor products.
It shows the significance of NeoMencianism.
the video analysis by Grok: A Senate hearing clip where Sen. Josh Hawley questions Boeing’s CEO about executive compensation.0
The short (titled “Boeing CEO’s Salary #wealthmindset”) shows Hawley pressing the CEO on his pay: roughly $32.8 million that year (a 45% raise from the prior year). He contrasts this with about 32,000 Boeing machinists in the Pacific Northwest who received only about 1% in wage increases over eight years.0
Hawley argues the company’s problems stem from management/C-suite decisions rather than the workforce, praises the engineers and machinists, and expresses hope that new leadership will reverse course—making more products in the U.S. and paying workers better. The CEO acknowledges the salary figures and says the workers “will definitely get a raise.”0
The clip is widely shared online as a critique of corporate executive pay relative to employee wages.
The hearing was on June 18, 2024.
It was a hearing of the Senate Permanent Subcommittee on Investigations (under the Homeland Security and Governmental Affairs Committee). Boeing CEO Dave Calhoun testified about the company’s safety issues, quality problems, and related matters following incidents including the Alaska Airlines door-plug blowout earlier that year. Sen. Josh Hawley (R-MO) questioned him during the hearing about his compensation and leadership.31
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