An Economy That Works For All.

August 25, 2008

Original publication: The Nation

Date of publication: August 25, 2008

As the Democratic party gathers in Denver one issue that should be front and center is the staggering inequality of our times. And one of the most damning symbols of our New Gilded Age is exorbitant executive pay.

In 2007, the average S&P 500 CEO's pay package was $10.5 million, 344 times greater than the typical US worker. The top fifty private equity and hedge fund managers pocketed an average of $588 million--19,000 times greater than the typical US worker.

Read the full article in The Nation.

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