Legitimate concern: CEO pay before the 1980s didn’t exceed the median pay of their employees by factors in the hundreds. When wealthy individuals better most people’s lives — as, say, Steve Jobs did — they win acclaim and veneration. But the paths that many of today’s wealthiest Americans have taken have not bettered most people’s lives. Many have actually hurt most people’s lives. Their riches have come at other people’s expense.
Posted on: Wed, 29 Jan 2014 19:16:10 +0000
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