Friday Nite Videos -- June 13, 2014
Portside
Even if you don't work or shop at Walmart, you're living in the Walmart economy. Walmart workers are leading the movement to change it. Join us at: www.WalmartEconomy.com.
As the incomes of the 25 best-paid public university presidents soared, the livelihoods of their faculty deteriorated. This deterioration resulted largely from the fact that tenured and tenure-track faculty were replaced with adjuncts (part-time instructors, paid by the course) and contingents (temporary faculty). Many adjuncts have incomes below the official poverty level and receive food stamps.
A must see video reveals staggering wealth inequality in the United States, and also how far we, the public, are from understanding just how unequal we are.
BBC's Policy Editor Chris Cook tells you everything you need to know about Thomas Piketty's landmark book on inequality: Capital in the twenty-first century.
Most fast-food jobs aren’t even full-time; the average salary for average hours is under $12,000. Last year, fast-food wages fell to levels not seen since 2006. Meanwhile, compensation for fast-food executives has more than quadrupled since 2000. Those CEOs pocketed an average $23.8 million in 2013, making them among the highest paid people in America.
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