A new survey reveals Americans believe CEOs make way too much money — but that belief is based on figures that undercut true CEO compensation by as much as 90 percent. According to the survey of 1,200 people by Stanford University’s Rock Center for Corporate Governance, people in the United States are clueless about incomes Read More…
Tag: wealth inequality
10 Data Sets That Point Toward Major Economic Turmoil In 2016
It’s only about a month and a half into 2016, yet financial markets all over the world have been a volatile rollercoaster ride to say the least, strongly reminiscent of the times preceding the 2008 financial collapse if not worse. In fact, global markets lost an estimated $3.17 trillion in just the first two weeks Read More…
Food Quality and Social Status: The American Caste System
Class distinction comes in just about any size, shape and color imaginable. Sometimes status division is blatant and glaringly unjust, while in other instances has been subtle and even devious. No matter what form it takes, social stratification has always been part of the human experience – and today is no different. In the US Read More…
Richest 62 billionaires as Wealthy as Half the World Population Combined
“Wealth is moving rapidly to concentrate at the tippy, tippy top of the pyramid,” said Gawain Kripke, the director of policy and research at Oxfam America. The world’s 62 richest billionaires have as much wealth as the bottom half of the world’s population, according to a new report from Oxfam International. Wealth inequality has been an Read More…