2013 CEO-to-worker pay ratio in the USA

you really can’t expect any level of democracy with those figures: average men have nothing to do against people who really control the resources of the country in EEUU

Real-World Economics Review Blog

from David Ruccio

CEO-worker-2013

According to the AFL-CIO’s latest “Executive Paywatch” report, the CEO-to-average-worker-pay ratio rose last year to 331:1. And the ratio of CEO pay to the minimum wage was much higher: 774:1.

That’s because, in both cases, workers’ wages remained more or less constant while the amount of surplus those workers created that ended up in the pockets of the CEOs of the nation’s largest corporations continued to rise.

As the AFL-CIO argues in their report:

View original post 102 more words

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