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Robert Reich
@rbreich.bsky.social
Berkeley professor, former Secretary of Labor. Co-founder of Inequality Media. Substack: robertreich.substack.com | Mastodon: masto.ai/@rbreich | LinkTree: linktr.ee/rbreich
33.5k followers79 following1.4k posts
RRrbreich.bsky.social

The CEO-to-worker pay ratio at S&P 500 companies was 268-to-1 last year. That means it would take workers more than five career lifetimes to make what CEOs make in a single year. When I say the system is rigged, this is what I mean.

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SOsandnesharry.bsky.social

"The CEO-to-worker pay ratio at S&P 500 companies was 268-to-1 last year." - This is just totally obscene. It is also very damaging to the nations economy. They do not buy 268 'loaf of bread' to 1, so it is holding up the sound circulation of money that the economy depends on.

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LGleegowing.bsky.social

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MMpanelexvan.bsky.social

If my numbers are correct, there are around 260 work days a year. Soooo…you’d have to work a year and almost two weeks to make what they did on Monday.

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Robert Reich
@rbreich.bsky.social
Berkeley professor, former Secretary of Labor. Co-founder of Inequality Media. Substack: robertreich.substack.com | Mastodon: masto.ai/@rbreich | LinkTree: linktr.ee/rbreich
33.5k followers79 following1.4k posts