Sunday, October 30, 2011

Occupy Wall Street and Vague Statistics

Besides the white-washing of the more unsavory aspects of the Occupy Wall Street kids (including public masturbation in Madison, rape and sexual assault in NYC, and a guy caught on camera defecating on a NYPD patrol car), as well as the fact that the movement is more astro-turfed than their media sympathizers will acknowledge, the protesters’ grievances and demands are still vague.

One chart related to the OWS’s “cause” that I’ve seen on-line in various places concerns the non-story about the ratio of corporate executive’s salaries to the salaries of average workers:
Ratio of CEO to Worker Salary

I saw that and thought a little research was called for and made my own chart in response:
Ratio of CEO to Worker Sallary, Fortune 500 Corporations by Country, and Per Capita Grass Domestic Product

As indicated, I got the statistics for the Global 500 Corporations and the Per Capita GDP from reliable sources(CNN/Forbes and the IMF, respectively), but I’ve never see a source for those CEO:Worker salary ratios. I wouldn’t even know how to start finding that information. Does somebody compile average CEO salaries by country? That’s a task for some slow day at the reference desk.

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