| ID | 119657 |
| Title Proper | Real story behind executive pay |
| Other Title Information | the myth of Crony capitalism |
| Language | ENG |
| Author | Kaplan, Steven N |
| Publication | 2013. |
| Summary / Abstract (Note) | As the share of income taken home by top earners in the United States has risen over the past few decades, so, too, has popular concern about economic inequality -- something the Occupy Wall Street movement loudly reminded Americans about in 2011. Much of the outrage has centered on the compensation of the United States' top corporate executives, who are said to be taking home ever-fatter paychecks, while the incomes of lower-level employees have stagnated. "American workers are having to make do with less," an AFL-CIO official complained to The New York Times last year, "while C.E.O.s have never had it better." (Europeans have also gotten worked up over these issues, with the EU proposing rules that would cap bankers' bonuses.) |
| `In' analytical Note | Foreign Affairs Vol. 92, No.3; May-Jun 2013: p.20-26 |
| Journal Source | Foreign Affairs Vol. 92, No.3; May-Jun 2013: p.20-26 |
| Key Words | United States ; Economic Inequality ; Occupy Wall Street Movement ; American Workers ; European Union |