It used to be the CEO of a company made 40 times the lowest paid worker. Now it is several hundred times that:
Wages in America: The Rich Get RicherThe average compensation of a CEO in 1980 was about 40 times that of the average worker in his company. Today it is more than 500 times!
Good for the CEO, but why are employees being shafted? Management and Labor are symbiotic. They need each other and there should be a balance in their relationship. If management abuses labor too much or labor abuses management too much, then there are sure to be problems. I support unionism, but, like a management structure which is too dominant over its labor force, a union which is too strong and demands too much will harm the company. There needs to be a balance of powers between labor and management.