In 1965 the ratio of CEO to worker pay was 20-to-one; that figure had risen to 58-to-one by in 1989 and peaked in 2000 when CEOs earned 344 times the wage of their average worker.

Recently there has been added visibility on this pay gap since companies have been forced to report it in their financials.

Last year McDonald's CEO Steve Easterbrook earned $21.7m while the McDonald's workers earned a median wage of just $7,017 – a CEO to worker pay ratio of 3,101-to-one.

At the same time, the Guardian article notes, while the S&P 500 index was up 637% from 1978 to 2017, the typical rank and file worker only saw their pay package rise just 11.2%.

Under the selective bailout, crony-capitalist Keynesian system as it exists today, this data just continues to prove that it is easier for the rich to keep getting richer while ordinary workers remain stuck unable to reap any benefits.

Categories: ZH