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Shareholder capitalism is weakening the economy

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Consider that in 1965, CEOs of America’s largest corporations were paid, on average, 20 times the pay of average workers. Now, the ratio is over 300 to 1. Not only has CEO pay exploded, so has the pay of top executives just below them. The share of corporate income devoted to compensating the five highest-paid executives of large corporations ballooned from an average of 5 percent in 1993 to more than 15 percent by 2005 (the latest data available)…

How the pursuit of shareholder value weakened the economy

CEO pay
March 28, 2016 admin

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