Something Is Very Wrong,

Chief executives at the biggest U.S. companies got an 8.5 per cent raise last year bringing the average wage for CEOs to $11.7 million according to Standard and Poor's recently released figures.

 For the first time, the American government required companies to show how much more bosses make than their workers. On average they make 164 times as much. At Yum Brands, CEO Greg Creed's pay of $12.3 million was 1,323 times higher than their average workers. 

"High pay ratios send a dispiriting message to the work force'', said Liz Shuler, secretary -treasurer of the AFLCIO.'' 

Companies are asking their employees to do more with less, at the same time that CEO pay is on the rise'' 

Doesn't this suggest something is very wrong in a society where such inequalities exist.

The mind boggles . . .

For socialism, 
Steve, Mehmet, John & contributing members of the SPC.