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Published byVincent Page Modified over 9 years ago
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Between 1990 and 2000, the average worker's pay rose 37%.
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Between 1990 and 2000, the average CEO's pay rose 571%.
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The gap between the pay of U.S. workers and the CEOs of their companies has leapt from 42-1 in 1982 to 282-1 in 2002.
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A Haitian worker sewing Disney garments would need 156 years to earn what Disney CEO Michael Eisner earned in one hour based on his 1996 salary.
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In the United States the richest 1% own more wealth than the bottom 95%, and the CEOs of large corporations earn more than 500 times what their average employees make.
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The nation's 13,000 wealthiest families, 1/100th of one percent of the population, receive almost as much income as the poorest 20 million families in America.
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As every CEO and executive knows, education and common sense are the true enemies of profit.
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