In 1976, the average CEO was paid 36X as much as the average worker.

Yet the point tends to be missed. The capitalist rule that how much one makes is private information to be jealously guarded is a kind of inviolable, sacrosanct cultural norm in America. You could even call this weird norm a kind of double greed — greed over how much one makes, and th…

How Capitalism Blinds You to Your Own Exploitation

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umair haque

Linda Caroll

Nov 10, 2018·1 min read

In 1976, the average CEO was paid 36X as much as the average worker. Then the media started publishing lists of the top paid CEOs. Today, the average CEO makes 369X as much as the average worker. By noon on New Year’s Day many CEOs have already earned what the average worker will earn all year. (Predictably Irrational, Dr. Dan Ariely)

umair haque

Linda Caroll

Nov 10, 2018·1 min read

Linda Caroll

Top writer. Featured in NYT, Forbes. https://lindac.substack.com/

More from Linda Caroll

Top writer. Featured in NYT, Forbes. https://lindac.substack.com/

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