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Originally Posted by tw
Whereas the top man once made 14 times more money than his average employee, today, that number is in the hundreds - approaching 1000 times more money. There is no justification for that disparity. The free market system broke down when top management salaries has no relationship to free market forces. An elite simply bids up each other's salaries with no regard to value.
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The lastest number I've seen is 365.
Quote:
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If you look at the top executives in the Fortune 500 companies, they averaged $10.8 million in total compensation, which is 365 times the pay of the average American worker.
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The descent of man ~ Nixon, Friedman, Reagan, Trump.
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09-22-2007, 01:22 AM
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