Another American corporation pays its CEO millions while screwing their employees.
This short story in the Minneapolis Star Tribune is the perfect particular story that illuminates a universal truth about American corporatism and its incredible anti-American values.
How do these people sleep at night, look in the mirror and explain how in any way, shape, or form, they are not the moral equivalent of Paris Hilton?
Qwest says the reduced benefits for retirees have been made necessary by the increased costs it faces. But the contrast between the treatment afforded the CEO and the rank and file isn’t limited to Qwest.
Top executives are being paid 262 times the average worker’s wage, up from a multiple of 24 about 40 years ago, according to the Economic Policy Institute’s most recent analysis in 2005. The gap widened significantly in the 1990s, in part because of the generous use of stock options in executive pay packages.
And these are the fuckers that tell us that business can do the job better than government. These are the fuckers whose welfare our current govenment defines as its purpose. This is why Hugo Chavez is on the right track. This is why the culture of Las Vegas is more authentic than that of the corporate board room.