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CEO's Made 331 Times As Much as Their Workers Last Year

CEO's Made 331 Times As Much as Their Workers Last Year
Tue, 6/3/2014 - by Matt Murphy
This article originally appeared on Gawker

Paging Dr. Piketty: In 2013, CEOs of S&P 500 companies made 331 times as much as their employees, according to the AFL-CIO's "Executive Paywatch" report.

Business Insider breaks down how the pay gap between executives and workers has changed over the past three decades:

In 1983, the average CEO made 46 times the pay of the average worker, and this ratio would skyrocket through the boom years of the 90s, with CEOs making 455 times what workers made. After the tech boom receded, the CEO to worker ratio leveled off somewhat, but has risen a little in the last few years.

Last year, the average American nonsupervisory worker made $35,239, and the average CEO took home $11.7 million in total pay.

A separate section of the AFL-CIO's report highlights another sad but unsurprising disparity: those highly paid CEOs are 95 percent white and 95 male.

Originally published by Gawker

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Thanks to the Electoral College, leftists have perhaps the final say this November over whether democracy can hold on for at least another four years, or if fascism will take root and infect all facets of the federal government for decades to come.

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Based on details that have emerged about Trump’s presidential agenda, the far-right Heritage Foundation plans for the next GOP president to have all the tools necessary to demolish multicultural democracy and establish a white, Christian ethnostate that imposes a gender apartheid not unlike the Taliban’s Afghanistan.

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Posted 1 week 20 hours ago

What remains unknown is whether post-truth Republicans will succeed in 2024 as the Nazis did in 1933.

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