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CEO salaries vs worker salaries huge divide in US compared to other countries. Why?

flaca BN-0 2011/09/29 22:23:57
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  • Bingo's Faddah 2011/09/29 23:45:50 (edited)
    Bingo's Faddah
    +4
    Because corporations run your country, and the world. They do very well overseas too.

    Don't forget, the chart shows salaries. How about the perks?

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  • Aerosol Diamonds 2011/09/30 14:46:37
    Aerosol Diamonds
    +1
    They OBVIOUSLY work harder.
  • twocrows 2011/09/30 14:15:37
    twocrows
    +1
    this country has been a corpocracy for a long, long time. now, they're just putting the finishing touches on their creation. how do we like it?

    jfwiw - I've been researching greener pastures and I've narrowed it down to 2.
    one is Denmark. of all the countries I've looked at, it has the narrowest divide between the rich and poor. and - - - surprise, surprise - - - it has the most stable economy in Europe at the moment.
  • Nam Era Vet #1 DNA TLC 2011/09/30 04:54:49
    Nam Era Vet #1 DNA TLC
    Not my forte' But it looks bad.
  • I. Car Rus 2011/09/30 03:34:59
    I. Car Rus
    +1
    They are certainly a pampered class of people, but this is capitalism, our system; and, at least theoretically compensation is tied to performance. What is truly galling is the buyout system for CEO's involved in scandal, theft, and company wrecking--what's the message there?
  • rand 2011/09/30 02:41:06
    rand
    +2
    The simple answer is lustful greed, the worship of mammon. It is permitted because boards and CEOs are incestuous. But there are exceptions like Buffett, who only takes a salary of $100,000 annually.
  • Sean 2011/09/30 02:40:49
    Sean
    +1
    The answer to this problem is to shut down the monetary system! And replace it with a technological egalitarian system such as what The Buckminster Fuller Institute, and The Venues Project advocate for. We need an economic system that is based on equality something that so called capitalism, so called communism, and so called socialism are not!
  • WGN 2011/09/30 01:49:27
    WGN
    +3
    Greed, greed, and more greed. It will come back to bite them. That is what you got when you elected Reagan. The idea that greed is good and that some of what that person makes will trickle down to the rest. Just greed and bull crap.
    This ratio skyrocketed 480 percent between 1980 and 2003. In 1980, the ratio was only 40 to 1.
  • socokid 2011/09/30 00:13:20
    socokid
    +2
    Merely a symptom of this nation's true problem. Income disparity that is getting way, way out of hand. CEOs get paid that much because that is how much money is in the pool at the top. Getting a good one means you will have to pay a portion of what is there... and it just happens to be a lot!

    http://motherjones.com/politi...

    disparity hand ceos paid money pool pay portion httpmotherjones compoliti

    disparity hand ceos paid money pool pay portion httpmotherjones compoliti

    "The super-rich have grabbed the bulk of the past three decades' gains"
    pool pay portion httpmotherjones compoliti super-rich grabbed bulk decades gains
  • socokid socokid 2011/09/30 00:18:45 (edited)
    socokid
    +1
    Now, go ask the GOP, or better yet the Tea Party, and ask them why they continue to want to keep making this worse.

    http://www.gallup.com/poll/14...
  • twocrows socokid 2011/09/30 14:14:53
    twocrows
    +1
    fascinating graphs.
    I find the one on millionaires' tax rates the most interesting. between 1945 and 1965 they were at their highest. and when was this country at it's peak economically? oh - that's right . . . .

    and the conservatives say tax cuts at the top are good for the economy. uh huh - - - could the fact that THEY'RE at the top have anything to do with that claim?
    gee, ya think?
  • socokid twocrows 2011/09/30 14:28:25
    socokid
    Exactly...
  • Bingo's Faddah 2011/09/29 23:45:50 (edited)
    Bingo's Faddah
    +4
    Because corporations run your country, and the world. They do very well overseas too.

    Don't forget, the chart shows salaries. How about the perks?
  • Prime Time Lime 2011/09/29 23:40:02
    Prime Time Lime
    +4
    CEO's salaries should be cut by 70% and that money should go towards the people that really work for the corporations.
  • joe 2011/09/29 23:20:39
    joe
    +3
    CEO salaries are linked to stock holder returns instead of company productivity.
  • Luca joe 2011/09/29 23:25:30
    Luca
    And that stockholders themselves approve. And while the Left wants to squash these companies, they seemingly fail to understand that the stockholders are by and large just middle class hard working Americans...
  • joe Luca 2011/09/29 23:28:11
    joe
    I don't think they want to squash them... just regulate them and recognize they are companies, not individuals with the same rights as citizens.
  • Luca joe 2011/09/29 23:32:49
    Luca
    +1
    Huge topic...and complex...no offense, but just don't feel like getting into one of these discussions right now..:)
  • joe Luca 2011/09/29 23:35:00
    joe
    You've got my vote on that one! : )
  • Luca joe 2011/09/29 23:40:44
    Luca
    Wheeeeeeww
  • Ol'Dave 2011/09/29 23:16:33
  • JCD aka "biz" 2011/09/29 22:52:00
    JCD aka "biz"
    +3
    "WE THE PEOPLE vs. the rich" is going to be the key issue in 2012.
    And not just in America.
  • Lady Whitewolf 2011/09/29 22:34:24
    Lady Whitewolf
    +1
    All I can ask is..... WHY???
  • flaca BN-0 Lady Wh... 2011/09/29 23:34:45
    flaca BN-0
    +2
    exactly. Nobody has gone into any depth on why the US case is so incredibly different from other countries. I would like to hear some thoughts on that.
  • Lady Wh... flaca BN-0 2011/09/30 09:04:54
    Lady Whitewolf
    AGREED!
  • Samantha 2011/09/29 22:27:59
  • Chukroast 2011/09/29 22:27:33
    Chukroast
    +2
    You can blame it on "capitalism" at its worst, or blame it on a government gone wild with their own pay scales and, thus, lenient on the private sector bigwigs.
  • Gloria 2011/09/29 22:27:29
    Gloria
    +4
    A little bit of greed goes a long way. They have gotten away with it so badly that it's considered unamerican not be greedy.

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