<
https://www.washingtonpost.com/business/2019/09/26/income-inequality-america-highest-its-been-since-census-started-tracking-it-data-show/>
"Income inequality in the United States has hit its highest level since
the Census Bureau started tracking it more than five decades ago,
according to data released Thursday, even as the nation’s poverty and
unemployment rates are at historic lows."
How did CEO pay get to 500 times the wages of ordinary workers?
<
https://www.abc.net.au/news/2019-09-28/how-did-ceo-pay-get-to-500-times-the-wages-of-ordinary-workers/11556394>
Via Muse, who wrote "Let me show you crazy. These two articles about the
economic divide in the US and Australia. You cannot just give the lower
tier of society a little more money to resolve this problem. Money is
power. So long as we have this kind of financial disparity, we no longer
live in a democracy. It’s this sort of disparity that causes us to find
it abhorent when a 56 year-old male weasles his way into a relationship
with a sixteen year-old girl. The power difference is just too big."
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://www.xanadu.com.au/ Chief Scientist, Xanadu
http://www.glasswings.com.au/ Partner, Glass Wings
http://www.sericyb.com.au/ Manager, Serious Cybernetics
