I believe people should be paid more (a wage you can work one job and actually live on), especially folks who are chronically underpaid.
But: I don’t see how that doesn’t lead to a wage-price spiral (not saying/implying people shouldn’t get paid more $$$).
Yes, even if CEO / executive pay was brought down from the stratosphere.
Someone explain to me how that doesn’t happen? Or point me at some literature that I haven’t found yet.