Career Calling

March 14, 2013

A Consumer Hero Speaks Out On The Pay Gap

Ralph Nader has been trying to keep Americans safe for over 50 years.  He has written an essay for Common Dreams that considers the gap between CEO compensation and pay for working people.  Today CEOs make 340 times average worker pay.  In 1980, that figure was only 42 times average worker pay.  Nader suggests that this difference is a good reason to increase the minimum wage.  As Nader says, that’s a good “first step.”  However, we need to look beyond the minimum wage.  Whether we change the income tax structure or add a wealth tax, those who have the most – including very profitable corporations – need to contribute more to the common good.  We need to move beyond the greed ethic and think more about how to preserve our common culture.

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