“Among today’s larger corporations,” Webb writes, “the average CEO makes more than $10 million a year at the same time his or her workforce receives the lowest compensation package, as a percentage of national wealth, in American history.
“What did these people do to earn these fabulous sums? Did they invent the light bulb? Did they discover the Internet? Did they provide the world with a vaccine that would eliminate some dread disease? No, they examined trends, analyzed data, made phone calls and decided where their clients should risk their assets in buying or selling a stake in the international marketplace.”
Senator Jim Webb, from his new book, A Time to Fight: Reclaiming a Fair and Just America, and quoted in The Virginian-Pilot.