Quote:No CEO should earn 1,000 times more than a regular employee.
'The CEO of Marathon Petroleum, Gary Heminger, took home an astonishing 935 times more pay
than his typical employee in 2017. In other words, one of Marathon’s gas station workers would
have to toil more than nine centuries to make as much as Heminger grabbed in just one year...'
This excerpt is from an opinion-piece on The Guardian website. For the rest of this article, click here.
Written by -what we would assume, a Journalist called Sarah Anderson.
The obvious answer to this manipulative comment sits within the meaning of responsibility.
That responsibility follows the discipline of accountability, as in what does a person do and what that task is worth in the
form of effect.
The gas station worker presses buttons on a automated system and tops-up the coffee machines.
A CEO of the petroleum company that provides the gas makes sure that the gas station worker stays in employment with
a various set of tasks that is far more ranging that just pressing buttons.
I hate this sort of 'influencing' commentary, using the idea of a retro working-class occupation -as in a gas station out in a
western-state desert with an unshaven man in overalls and hinting an unfairness from the high-flying, well-suited millionaire
sitting in a leather chair whilst smoking a cigar.
But then again, Journalists like to paint a picture for the viewers and readers. The optics of a Reporter standing outside
offices is supposed to indicate a monitoring. Yet in reality, a brief is issued from any organisation or Government and that's
what they used to pass onto the waiting public.
These days, viewers and readers receive a personal version of that brief, a perception that favours a media's opinions
and massaged to make the listeners want more. Concise, unvarnished information is rare as hen's teeth these days.
But this 'Kabuki'-styled drama has gone on for some time. The public are led to believe that the person they see standing
outside the Houses of Parliament or The White House is merely a conduit, someone trained in the ethical profession with
truth at the fore-front of their hearts.
But the world doesn't work like that and the writer of this article can attest to that.
Sarah Anderson.
Quote:"Sarah Anderson directs the Global Economy Project at the Institute for Policy Studies and is a co-editor of the IPSSOURCE:
web site Inequality.org. Sarah’s research covers a wide range of international and domestic economic issues, including
inequality, Wall Street reform, CEO pay, taxes, labor, and international trade and investment.
Sarah is a well-known expert on executive compensation, as the lead author of more than 20 annual “Executive Excess”
reports that have received extensive media coverage.
During the Obama administration, she served on the Investment Subcommittee of the U.S. State Department’s Advisory
Committee on International Economic Policy (ACIEP). In 2009, this subcommittee carried out a review of the U.S. model
bilateral investment treaty.
In 2000, she served on the staff of the bipartisan International Financial Institutions Advisory Commission (“Meltzer Commission”),
commissioned by the U.S. Congress to evaluate the World Bank and IMF. Sarah is a co-author of the books Field Guide to
the Global Economy (New Press, 2nd edition, 2005) and Alternatives to Economic Globalization (Berrett-Koehler, 2nd edition,
2004).
Prior to coming to IPS in 1992, Sarah was a consultant to the U.S. Agency for International Development and an editor for the
Deutsche Presse-Agentur. She holds a Masters in International Affairs from The American University and a BA in Journalism
from Northwestern University."
Journalists carry many types of baggage and sometimes, it can effect straight-forward information and turn it into a Machiavellian
message that caters for a certain narrative.
And in this particular case, there's also two salaries involved. Maybe Sarah could supplement a gas station worker's pay?
Edith Head Gives Good Wardrobe.