Executive salaries

             Income Distribution and Executive Salaries
             This paper's main topic is income distribution. The paper begins with definitions of the terms income and distribution. Also, the paper defines a social class and provides a breakdown of the seven different social classes within the United States. Additionally, the term household is defined. These definitions are provided to lend support to the paper.
             The paper goes on to discuss some reasons for the disparity in income distribution within the United States and some possible reasons for this disparity in income distribution. The paper closes with a brief discussion about executive salaries and the disapproval and contempt these salaries bring out in Americans. The paper concludes with the argument that America should closely look at our nation's foreign policy to ease the disparity in income distribution.
             Income Distribution and Executive Salaries
             "Of the people, for the people, by the people," (Cato Institute, 2000, p. 10), are famous words indeed! However, many in America today believe "Of the rich, for the rich, by the rich," have replaced these words. Could the reason for this opinion be that our economy produces remarkable wealth and people feel that maybe there are not getting their fair share? Perhaps.
             Could another reason for this opinion be that our wealth is not evenly distributed? Could an additional reason for this opinion be the reports and controversies about executive salaries? This paper will attempt to answer these questions but leave the reader to form his or her own opinions. The paper will start by defining income, defining distribution, define social classes and household, provide statistical data concerning income distribution, discuss possible reasons for income distribution disparity within the United States, and discuss executive salaries.
             Webster's (1988, p. 682), defines income as, ""the ...

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