Outrageous CEO to Median Worker Pay Ratios - Richard Wolff
"The CEO [of McDonalds gets] $18 million dollars. Median [employee] pay $9,000. Here's that ratio: the CEO gets 1,939 times what the median income is... The CEO of Walmart gets 983 times what the median worker does. But the CEO of McDonald's gets twice that. Is that because the CEO of McDonald's is twice as efficient? Or twice as productive? Nobody in their right mind believes that."
Richard D. Wolff
This is a clip from Economic Update: Finally a Tiny Sales Tax On Stocks
[S11 E11]
Watch the full episode: • Economic Update: Finally a Tiny Sales...
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