[Fuzz]

This is a really good article on CEO pay and income inequality through the years:

And, of course, the ire is well-placed. “It turns out the tippy-top is where tons of the inequality is concentrated,” says Josh Bivens of the Economic Policy Institute, with a nice helping of dry understatement. “That’s a huge chunk of the national economy that goes to a pretty select group of people. CEO and corporate executive pay really does distort that entire upper part of the income distribution. If we had a top 1 percent that only claims 10 percent of total national income, the way they did in 1979, that’s a very different economy than one where they claim almost 20 percent, the way they do today.”

How different would that economy be? To get a handle on that question, Bivens and his colleagues at EPI calculate something they call the inequality tax: They assume an economy that grew at the same rate ours did over the past 40 years, pretend that income inequality didn’t rise, and distribute the spoils of that growth accordingly. “Basically, that means the middle 60 to 80 percent would be something like 10 to 12 percent richer than they are today,” he says. “Everyone gets a 10 to 12 percent raise.”

https://www.mensjournal.com/features...s-and-for-what