Too Much: A Commentary on Excess and Inequality
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Greed and Good
 
 
For the World's Most Fortunate, A Setback Most Slight
The global economic collapse, says the first in-depth survey of grand fortune since last September's great meltdown, has left the world's wealth just as intensely concentrated as ever. We explore the new stats.
Rationalizing for the Really Rich: Cakewalk No More
In today's down economy, apologists for the awesomely affluent are having to dig deep for inspiration. In the process, they're getting dirty and looking dopey. We have more on the latest antics of grand fortune's defenders.
The New Bailout Pay Rules: Making Wall Street Safe for Windfalls
Remember that $500,000 pay cap for bailed-out banking execs the White House announced back in February? Under Treasury Secretary Tim Geithner's new rules for bailout pay, that max has become a minimum. The story.
'Cap and Save': The Growing Drumbeat for Pay Limits at the Top
To rescue the global economy from reckless power suits, we just may need a “maximum wage.” So say Australia’s top national labor leaders and a daring cohort of MPs in the UK. We have the details.
Every week, Too Much offers stats, research, and analyses that help explain how massive income and wealth divides are impacting everything from our health to our happiness. See for yourself. Check the current issue, then subscribe today.
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Stat of the Week
The gap between the average pay of America's top 100 CEOs and the pay of the average American worker stood at 45 to 1 in 1970, notes Labor Institute director Les Leopold. In 2006, the pay gap between top 100 chief execs and average workers registered in at a stunning 1,723 to 1.
Quote of the Week
“Income disparity at current levels is a political time-bomb that needs to be dealt with.”
Ben Funnell, asset manager, GLG Partners, Debt is capitalism’s dirty little secret, Financial Times, June 30, 2009
 
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