It's kind of subjective. Decades ago, CEO's made 20:1 compared to workers. That's "compensated very well". Today is 200:1. It's still very well. A whole order of magnitude better.
In developed countries, today's winners win bigger. The losers stagnate. Globally, many have been lifted out of poverty.
The poor in developing countries are doing better. The wealthy are doing better. The middle class is not.
Decades ago CEOs consumed well over twenty times as much as the average worker even though their official wages were only twenty times as high because of a huge range of tax exemptions and write offs that were eliminated in the 80s.
Comments
It's kind of subjective. Decades ago, CEO's made 20:1 compared to workers. That's "compensated very well". Today is 200:1. It's still very well. A whole order of magnitude better.
In developed countries, today's winners win bigger. The losers stagnate. Globally, many have been lifted out of poverty.
The poor in developing countries are doing better. The wealthy are doing better. The middle class is not.
Decades ago CEOs consumed well over twenty times as much as the average worker even though their official wages were only twenty times as high because of a huge range of tax exemptions and write offs that were eliminated in the 80s.