For those corporate defenders that say that's just what happens in a global economy, you're wrong. The US is the ONLY place in the world where this economic rape is taking place: http://digg.com/news/politics/how_class_warfare_began
You can do something about it though. We have a historic chance to flood the streets right now. People should not fear corporations, corporations should fear the people.
in canada the big CEO's of communication companies like Rogers and Telus etc MUST be paid just as much considering almost every service in my home (home phone, television, internet, all wireless cellphones etc) is with them, and this is common for ALLOT of Canadians.. so i wouldn't be surprised if the CEO of rogers joined that group if it was international
Interesting note: look at the decade where the biggest jump in the CEO/worker gap occurred. From 107 in 1990 to 525 in 2000.
What happened in the 90s to cause this? A couple of culprits:
Globalism in general and NAFTA and other lousy free-trade agreements being signed into law in particular (in early 1994). CEOs started outsourcing in earnest around this time. Money saved on U.S. labor costs lined CEO pockets. Ross Perot warned us about the "giant sucking sound" of jobs being lost to global competitors. Thank you, GHWB and Bill Clinton for screwing your own countrymen.
The DotCom Bubble. All bubbles throughout history cause discrepancies between rich and poor. Those who create and exploit the bubble early are made wealthy. Those late to the game or who didn't participate at all lose ground slowly or hold the bag.
"Steve Jobs? Bill Gates? Larry Page? Oprah Winfrey?"
Note that these people are not exactly products of the US corporate culture. They each got rich by starting their own small business --- which actually runs "counter" to the corporate culture.
But over time the corporate culture will infiltrate these companies just like it has most others and start to give rise to egotistical psychopaths from within.
(note: Mark Zuckerberg and Larry Ellison intentionally left out of this "counter" example)
MPP Global Solutions are the leading provider of Payment Gateways and eCommerce Solutions to the Media and Entertainment Industries.http://www.mppglobal.com/
The CEOs need and desire all that money. I mean it's the CEO that does the bulk of the work like manage people, build the product, design the product, test the product, market the product (assuming that the company actually makes a physical product).
/sarcasm
novenatorOct 19, 2011Buried
For those corporate defenders that say that's just what happens in a global economy, you're wrong. The US is the ONLY place in the world where this economic rape is taking place: http://digg.com/news/politics/how_class_warfare_began
You can do something about it though. We have a historic chance to flood the streets right now. People should not fear corporations, corporations should fear the people.
miklkitOct 19, 2011Buried
Wow. The highest paid ceo gets $1.84 Billion a year. Second place gets $1.14 Billion.
I'm wondering what Billion dollar house looks like. Buckingham Palace?
jqp123Oct 20, 2011Buried
This is what happens when you build a business culture around uncontrolled greed.
You end up promoting and rewarding egotistical psychopaths who appetites can never be satiated.
caseycooldOct 19, 2011Buried
"a lot"... two words. I thought terrible English was our job?
darknemesis25Oct 19, 2011Buried
in canada the big CEO's of communication companies like Rogers and Telus etc MUST be paid just as much considering almost every service in my home (home phone, television, internet, all wireless cellphones etc) is with them, and this is common for ALLOT of Canadians.. so i wouldn't be surprised if the CEO of rogers joined that group if it was international
wipisOct 20, 2011Buried
Probably bigger and better.
robq73Oct 20, 2011Buried
Interesting note: look at the decade where the biggest jump in the CEO/worker gap occurred. From 107 in 1990 to 525 in 2000.
What happened in the 90s to cause this? A couple of culprits:
Globalism in general and NAFTA and other lousy free-trade agreements being signed into law in particular (in early 1994). CEOs started outsourcing in earnest around this time. Money saved on U.S. labor costs lined CEO pockets. Ross Perot warned us about the "giant sucking sound" of jobs being lost to global competitors. Thank you, GHWB and Bill Clinton for screwing your own countrymen.
The DotCom Bubble. All bubbles throughout history cause discrepancies between rich and poor. Those who create and exploit the bubble early are made wealthy. Those late to the game or who didn't participate at all lose ground slowly or hold the bag.
pw378Oct 20, 2011Buried
Steve Jobs? Bill Gates? Larry Page? Oprah Winfrey?
Seem like pretty nice folks to me - not uncontrolled greedy psychopaths.
(note: Mark Zuckerberg and Larry Ellison intentionally left out of this example)
jqp123Oct 20, 2011Buried
"Steve Jobs? Bill Gates? Larry Page? Oprah Winfrey?"
Note that these people are not exactly products of the US corporate culture. They each got rich by starting their own small business --- which actually runs "counter" to the corporate culture.
But over time the corporate culture will infiltrate these companies just like it has most others and start to give rise to egotistical psychopaths from within.
(note: Mark Zuckerberg and Larry Ellison intentionally left out of this "counter" example)
gatewayspaymentFeb 15, 2012Buried
MPP Global Solutions are the leading provider of Payment Gateways and eCommerce Solutions to the Media and Entertainment Industries.http://www.mppglobal.com/
brucedogOct 20, 2011Buried
The CEOs need and desire all that money. I mean it's the CEO that does the bulk of the work like manage people, build the product, design the product, test the product, market the product (assuming that the company actually makes a physical product).
/sarcasm