It's funny how we arrive at similar conclusions but for different reasons...Of course, I'm disgusted with the disparity in executive compensation, just as I'm flummoxed with the contracts professional athletes receive (given that the average family cannot even attend a professional sporting event any longer)...But this all ties into the same point I've been making repeatedly throughout this thread...
It all falls at the footsteps of the Fed...Reckless monetary policy rewards the top while the bottom bares the consequences of all the mal-investment (i.e. the "rentier economy")...How has ZIRP been beneficial to the common man? It hasn't. It's merely given executive's access to zero cost money, whereby they repurchase shares of their stock, boost the stock price and cash out. Rinse and repeat...Meanwhile, it keeps the asset bubbles churning along with a minimal effect on the real economy (Joe Main Street)...
This whole debate is more nuanced obviously...But I wholeheartedly believe that the root cause has been the deliberate attempt to foster asset bubbles, which in turn stoke inflation in other areas of the economy while wages have remained stagnant (global wage pressures and offshoring).