Showing posts with label Occupy Wall Street. Show all posts
Showing posts with label Occupy Wall Street. Show all posts

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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