labor

Pay Disparity is Stunning Between CEOs, Workers

Jon Talton Seattle Times
It is no coincidence that CEO pay has reached astronomical levels at the same time that income inequality has widened to a level not seen since the eve of the Great Depression or even the Gilded Age of the late 19th century. A wide body of scholarship has linked the two. CEOs, who earn 335 times the pay of their average employee, make up a big chunk of the 1 percent. Some ideas to change that are kicking around.

Friday Nite Videos -- January 30, 2015

Portside
Runaway CEO Pay in 30 Seconds. Jimmy Greene -- Where Is the Love? Delta Flight Attendants: Vote Union. Baba Brinkman – So Infectious. Vindicating Freedom Fighters.

labor

My Workers Are Better Than Your Workers

Leo W. Gerard USW
From 1978 to 2011, Corporate CEO's pay rose 725%. The pay of workers rose 5.7% during that same period. Is there something wrong with this picture?

A New Front in the CEO Pay Wars

Sam Pizzigati OtherWords.org
Two new imaginative state proposals are now seeking to leverage the power of the public purse against executive excess. In California, lawmakers are zeroing in on how government taxes. New legislation pending in Rhode Island targets how government spends.

The Pay of Corporate Executives and Financial Professionals as Evidence of Rents in Top 1 Percent Incomes

Josh Bivens and Lawrence Mishel Economic Policy Institute
This working paper was prepared for a forum on the top one percent to be published in the Summer 2013 issue of the Journal of Economic Perspectives. It is an analysis of the pay of the top 1 percent, specifically CEO's and top financial professionals as a form of "rent." In other words, the pay is not related to the talent or the productive effort of these individuals and if it were cut through taxation, there would be no harm to the economy.
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