Just How Bad Is Inequality at America’s Major Corporations?
That America’s income distribution has grown dramatically more unequal in the past 40 years is beyond debate. The share of the top 1 percent has doubled since 1980, to over 20 percent of all income.
Could it get any worse? A look at America’s large, privately held corporations suggests it could.
When Americans think of large corporations, most of us think of corporations like Pepsi or ExxonMobil, whose shares are publicly traded.
