CEOs vs. Slaves

Barbara Ehrenreich writes: "Recent findings shed new light on the increasingly unequal terrain of American society. According to a just-reported study by Carola Frydman of the Massachusetts Institute of Technology and Raven E. Saks at the Federal Reserve, 30 to 40 years ago, the CEOs of major companies earned 80 percent more, on average, than the third-highest-paid executives. By the early part of the twenty-first century, however, the gap between the CEO and the third-in-command had ballooned up to 260 percent."

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