Re: Just scratching the surface
As much as diversity is an important issue to address, Silicon Valley and Wall Street need to mind the gap between executive and employee pay. According to the Institute for Policy Studies, the average pay gap between CEOS and workers grew from 195-to-1 in 1993 to 354-to-1 in 2012. That's an average pay increase of 82% over a decade.
No single person deserves to be paid 354x what the average worker at a company makes (in terms of salary...when it comes to equity, I think that company founders deserve rewards for the risk they take, but that's a different issue). And that's an average. At some companies, the CEO makes over 1,000 times more than the average worker.
Meanwhile, the median American household income has fallen from $54,932 in 1999 to $50,054 in 2012. And for the first time since the Great Depression, more than half the total income in the US went to the top 10% of Americans (The Second Machine Age, p.129).
This is not the way to run a sustainable, stable society. It's the road to strife.