Thursday, September 06, 2007

The High Price of Talent

There was a news article yesterday about the incredible (growing) gap in salaries between the CEOs of America's biggest companies and the workers. According to the report, top executives at Fortune 500 companies earned an average of US $10.8 million last year, while the average worker made just over $29,500. In other words, the executives made more in one day than the average worker did all year.

I know I sound like an unrepentant socialist who has troubles fitting into the "new world order", but this is just plain wrong. Call me old fashioned, but there is no place in a just or democratic world for inequities like this.

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