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Yes, Socialist Propaganda
If you see that there is an inequity between the top and the bottom, there is one easy way to fix it. FORM YOUR OWN COMPANY. That is one of the wonderful aspects of living in a democracy, if you see a problem you are free to form a company to target it and fix it. IF there is an unacceptable discrepancy between the top and the bottom, then you should have no problem getting and attaining high value employees with your better pay, good solid contracts with your lower bid prices, and a steady growth in your new company with all of your utopian social engineering.
If you can not do this, then there must be something that you do not have that the high priced guys have. That something is either: drive, ambition, desire, intelligence, skill, experience, or luck. But whatever it is, it is apparently worth the millions of dollars that they make.
There are very few barriers to entry in the IT field for someone capable of doing the job. Have at it, please. Do your best and I wish you luck. However, I suspect that after you put the effort in to form a company and make it successful that you will find that you want to be rewarded for the risk that you took and the effort that you put in to get there.
It has always been far easier to tear something down than to build it up. By dragging the execs to the bottom level you are just lowering the overall wealth. It is better to keep looking for the better job, the higher position, and work your way to the top. The great thing is that if you are happy with your life, you do not need to do that. The other great thing is that you are perfectly free to do it. If compensation is the main thing that you care about in your life, then get out there and do a job that is compensated well. You will find that it takes a large amount of effort to get that $2,000,000 a year job and that the compensation that they are getting is probably rewarding a long line of sacrifices to get to that level.
And to answer your other question, no I am not an exec. I am a consultant at the PM level, so somewhere between the bottom and top figures.