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Comment by varispeed

"Market rate" is not neutral. It is a wage‑fixing device that standardises labour pay while letting profits float to shareholders. Treating it as holy writ is how extraction is hidden in plain sight.

Flat salaries do not remove politics. With unequal equity and control, a flat wage simply disciplines workers while investors keep uncapped upside. If money is the poison, start by flattening carry, liquidation preferences and board vetoes. Otherwise you have only flattened one side.

Capping founder pay is class gatekeeping. It selects for people with savings or family safety nets and pushes working‑class founders out. Shaming those who take cash once they create surplus protects investor optics, not fairness.

Equal pay only makes sense when ownership, risk and power are equal. Without that, "equal pay" is theatre.

parent varispeed 1 year ago

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