Via Moyers & Company:
This post originally appeared at TomDispatch.
Last year eight Americans — the four Waltons of Wal-Mart fame, the two Koch brothers, Bill Gates and Warren Buffett — made more money than 3.6 million American minimum-wage workers combined. The median pay for CEOs at America’s large corporations rose to $10 million per year, while a typical chief executive now makes about 257 times the average worker’s salary, up sharply from 181 times in 2009. Overall, 1 percent of Americans own more than a third of the country’s wealth.
As the United States slips from its status...
