Wealth Distribution in the USA

I always thought that if you pay your employees more they will in turn go out and spend more, invest more and increase the economy. But simply paying CEOs and Corporatist more does little to stimulate the economy because those types tend to acumulate weath but not spread it around. I could be wrong though.Edited by 1.61803, : spelling

Wot...?You mean some alternative to markets rigged in favour of those those with the most wealth and power......?Surely not!!You socialist you. Indeed.Edited by Straggler, : No reason given.

That's what Henry Ford believed, and that's what made Detroit the car central for the USA.The major problem today is wage inequality, and the tax structure should discourage this.Perhaps corporate tax rates should by (1-[lowest hrly wage/highest hrly wage]) ... pay everyone the same and you pay no taxes ...

Was this posted here yet?Wealth InequalityI think it was....Adding image now: Edited by xongsmith, : Add image, fix link title

Interesting. Thanks.Do you have any idea where politicians (Barack, Joe, George W, Dick, Bill, Al, George Original, Dan, etc.) fit into those graphs?Even lesser known prominent politicians such as Ron , Nancy, Newt, etc? Where do they fit in? What do they actually 'earn'? Those Governors of the States? Congressmen?It would be interesting to know.

My father used to tell a story about Henry Ford (which may be apocryphal):

Agreed.Not surprisingly, I haven't seen this story in america's corporate media, what do you think:

quote:

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Swiss Activists: Let’s Cap CEO Pay
December 2, 2013

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Swiss voters struck down an initiative to limit CEO pay to no more than twelve times the lowest-paid worker.

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The Swiss pay cap failed, by a 65-35 percent margin.

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Activists in the youth wing of Switzerland’s Social Democratic Party had spent four years working on behalf of the 1:12 Initiative for Fair Pay. They had collected the 100,000 signatures needed to get on the ballot and enlisted the support of Swiss labor unions and the country’s two largest left-of-center political parties.

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The young 1:12 activists ran a delightfully creative campaign. No corporate executives, they argued, should be able to make more in a month than workers can make in a year.

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The 1:12 vote, despite all this noble effort, still fell disappointedly short.

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Do Swiss voters simply not care that top executives at world-famous Swiss brands like Nestl and Swatch are making well over 100 times more than their workers? Hardly. They care plenty.

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The 1:12 initiative was running dead even in the polls into Octoberuntil Swiss corporations unleashed a lushly financed fear-mongering ad blitz. If the 1:12 initiative passed, they argued, Swiss-based multinationals would shift their operations to friendlier locales, Switzerland’s tax receipts would plummet and the nation’s social safety net would tear into tatters.

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Here in the United States, of course, developments along these lines seem politically inconceivable. At the height of the Great Recession, we couldn’t even prevent million-dollar bonuses for CEOs at bailed-out financial giants.

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Swiss Activists: Let’s Cap CEO Pay | The Nation#

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The love of money is the root of all evil. The wealthy always win, because they have the politicians in their pocket and lawyers on their payroll. The people will only win if they are unified against the wealthy, but the wealthy trick the middle class into defecting to their side in the name of free enterprise. The middle class think that somehow they too will someday have the huge payday.Its all rather disgusting, and is a reason that I count on unionism to get a fair wage. The wealthy wont give up anything without pressure.

What makes the middle class so easy to fool?Americans are famous for being stupid (according to the recent 2012 Program for International Student Assessment, the U.S. Students Slide In Global Ranking On Math, Reading, Science, U.S. Students Slide In Global Ranking On Math, Reading, Science : The Two-Way : NPR), but what about the Swiss? Sheesh, all the Swiss had to do was vote. How difficult could that be?

Religion.

Hmm. If religion is what made the man so easy to fool, then how was he so easily fooled into religion?

hey there Theo, Well:1. Are the Swiss particularly religious?2. Are people stupid because they are religious or are people religious because they are stupid?3. What about Pope Francis' recent calling of unfettered Capitalism 'Tyranny?' Will this sway the stupid?
Pope Francis Calls Unfettered Capitalism 'Tyranny' | BillMoyers.com

The parts of that sentence have nothing do with each other. The premise and conclusion are faulty. Logically it is flawed and has no meaning.

1. No but they do not have the huge disparities that we see in more religious countries like the US and Latin America. Using the Swiss as an example is flawed.
2. Commission a study.
3. Of course not. The Pope is a minor player in world society and politics.

Perhaps, but in regard to their recent anti-CEO-vote, their voting behavior should be revealing in some aspect. Can we not compare/contrast them to america in ANY respect? If he keeps up with the authentic Jesus-talk, perhaps that would change? It will have to wait till I finish my current study: "Was Captain Kangaroo neither a captain nor a kangaroo?"