Businesses that were too successful are also called monopolies
No. There is no inherent relationship between the two things. A business can absolutely be very successful while there is competition, simply by being the best ‘competitor’ in the eyes of the customers.
the ratio matters a lot. It’s the difference between “we’re all in this together” and “some of you won’t make it but it’s a sacrifice I’m willing to make”.
The vast majority of people don’t know or care how much the person at the top is making, at all. They care only about if they’re in good shape themselves. Someone who’s making $100/hour and is living comfortably is, in 99% of cases not going to really give a shit if the CEO is making 50x what they are, or 500x.
No. There is no inherent relationship between the two things. A business can absolutely be very successful while there is competition, simply by being the best ‘competitor’ in the eyes of the customers.
The vast majority of people don’t know or care how much the person at the top is making, at all. They care only about if they’re in good shape themselves. Someone who’s making $100/hour and is living comfortably is, in 99% of cases not going to really give a shit if the CEO is making 50x what they are, or 500x.
That’s the reality.
15% of people make $100k in the USA. That means 85% care and a large part of them are not in a good shape.