Do you make $40,000 a year? Do you feel like you work pretty hard to make what you do? Well the average CEO of a top-ranked company makes your yearly income in less than a single day. If a CEO decides to take a day to do nothing but jerk off and binge watch Fox News, they will earn the equivalent of an entire year of your hard work.
And you know what’s even sadder than that? If you’re making $40,000 a year, then you’re making almost FOUR TIMES what it takes to be considered above the poverty line in the United States. If a CEO is having a particularly diarrhea-rific afternoon, he can make that amount while taking his daily shits. Throughout the day, in the time it takes for one (average!) CEO to unzip his $1,000 business pants, sit on his ivory toilet seat, take a diamond-encrusted crap, and wipe his ass with Louis Vuitton toilet paper, he’ll have earned an entire year’s salary for someone at the poverty line.
Add to that the fact that if you’re at the poverty line in the United States, you’re still richer than almost 85% of the rest of the world. Your income is more than 8 times the global average. Roughly 2.5 billion people in the world survive off less than $2 per day. These 2.5 billion people, one third of the world’s population, earn $730 per year, tops. The average CEO will earn that every 5 minutes.
The state of income inequality in the world is fundamentally immoral and absurd.