September 28, 2014
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6:10Now Playing"Rumblings of discontent about executive wages, the 1 Percent, and wealth gaps know no borders. And neither does fierce debate about income inequality in general. But until now, it's been relatively unclear how much people think CEOs should really make compared to other workers on a global scale.
In their recent research, scheduled to be published in a forthcoming issue Perspectives on Psychological Science, Chulalongkorn University's Sorapop Kiatpongsan and Harvard Business School's Michael Norton investigate "what size gaps people desire" and whether those gaps are at all consistent among people from different countries and backgrounds.
It turns out that most people, regardless of nationality or set of beliefs, share similar sentiments about how much CEOs should be paid -- and, for the most part, these estimates are markedly lower than the amounts company leaders actually earn."* The Young Turks hosts Ana Kasparian, Ben Mankiewicz (Turner Classic Movies) and John Iadarola (TYT University) break it down.
*Read more here from Gretchen Gavett / The Huffington Post:
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