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I think it's not good for a company in terms of its own bottom line to allow too great a gulf to open up between the compensation of the boss at the top and everybody else. Because what is it that holds a company together, that makes the average worker feel that he or she is part of an enterprise that they have a common fate, that it is necessary to put in the extra mile to make sure that that company works? It's the sense that everybody is working together, that there is not too great a gulf between people at the top and people at the bottom. The best companies in this country, the best companies, try to encourage a sense of teamwork, of common enterprise, of everybody in the same boat together. You cannot do that if the CEO is earning 140 times what the average worker in that company is earning.
