On average, America’s CEOs make 312 times what their workers take home — and that has nothing to do with supply and demand. Simply put, markets don’t set executive pay. Board rooms do.
ceo pay
Disney’s CEO Makes $248 a Minute as Some of His Employees Go Homeless on $8.03 an Hour
Even after a raise to $10 an hour, Disney employees can only expect to take home about $20,000 over the course of a year, not enough to live decently in Orlando. A $15-an-hour wage is more critical, argues Scott Klinger.
Hiding Behind Barricades of Indifference as Income Disparities Corrode the Social Contract
The very rich, who are already less and less in touch with the lives of ordinary Americans, will further barricade themselves to avoid having to witness the decline of a country that is no longer about ensuring a decent standard of living for the greatest number of people.