This Is The Income Inequality Video CEOs Don’t Want Americans To See

• published: 03 Oct 2014
• views: 6468

“If Michael Norton’s research is to be believed, Americans don’t have the faintest clue how severe economic inequality has become—and if they only knew, they’d be appalled. Consider the Harvard Business School professor’s new study examining public opinion about executive compensation, co-authored with the Chulalongkorn University in Bangkok’s Sorapop Kiatpongsan. In the 1960s, the typical corporate chieftain in the U.S. earned 20 times as much as the average employee. Today, depending on whose estimate you choose, he makes anywhere from 272 to 354 times as much. According to the AFL-CIO, the average CEO takes home more than $12 million, while the average worker makes about $34,000. In their study, Norton and Kiatpongsan asked about 55,000 people around the globe, including 1,581 participants in the U.S., how much money they thought corporate CEOs made compared with unskilled factory workers."* The Young Turks host Cenk Uygur breaks it down. *Read more here from Jordan Weissmann / Slate: http://www.slate.com/articles/business/moneybox/2014/09/americans_have_no_idea_how_bad_inequality_is_new_harvard_business_school.html Help end the corrupting influence of money in politics: Sign this Petition & Support the 28th Amendment To #GetMoneyOut http://www.wolf-pac.com/petition CLICK here to support Wolf PAC: http://www.wolf-pac.com/wolf_pac_membership_recurring_payment ********** Income Inequality, War Profiteering, Justice Scalia & Dinesh D'Souza - The Young Turks 10/2/2014 News & Politics http://www.youtube.com/playlist?list=PLTpcK80irdQh1EHmoPs65nk2ezs0hVhq_ ********** The Largest Online News Show in the World. Hosted by Cenk Uygur and Ana Kasparian. LIVE STREAMING weekdays 6-8pm ET. Young Turk (n), 1. Young progressive or insurgent member of an institution, movement, or political party. 2. Young person who rebels against authority or societal expectations. (American Heritage Dictionary) The Young Turks (Winner - Best Political Podcast & Best Political News Site of 2009) were the first original talk show on Sirius satellite radio and the first live, daily webcast on the internet. But that is not the revolution. We are a rare show that combines all of the news that people care about in one place. We are not afraid to talk about politics and entertainment and sports and pop culture. But that is not the revolution either. The real revolution is in daring to be honest with people. We don't patronize our viewers or lie to them. We have real conversations and deliver the news honestly. Download audio and video of the full two hour show on-demand + the members-only post game show by becoming a member at http://www.tytnetwork.com/subscribe/. Your membership supports the day to day operations and is vital for our continued success and growth. Join The Young Turks Network mailing list https://www.tytnetwork.com/newsletter/ or Support The Young Turks by Subscribing http://www.youtube.com/user/theyoungturks?sub_confirmation=1 Like Us on Facebook: http://www.facebook.com/TheYoungTurks Follow Us on Twitter: http://www.twitter.com/TheYoungTurks Support TYT for FREE by doing your Amazon shopping through this link (bookmark it!) http://www.amazon.com/?tag=theyoungturks-20 Get your TYT Merch: http://shoptyt.com ********** 'Your Country Is Just Not That Into You: How the Media, Wall Street, and Both Political Parties Keep on Screwing You—Even After You’ve Moved On' by Jimmy Dore. Buy it here: http://goo.gl/t7GnDA