The average annual compensation of the top 100 chief executives amounts to an astonishing $37.5 million, which is 1000 times the pay of an average worker. The top one percent of households reportedly earns 20 percent of all incomes and owns 33.4 percent of all net worth.
The most astonishing feature of such concentration of wealth in the hands of a tiny elite is the utter lack of concern and comment by the American media. They apparently find nothing wrong with such glaring inequality.
Of course, this has nothing to do with the fact that the media corporations are owned by this economic elite.