Moyers, Zinn, and the Plutocracy

This chart shows something that has been bothering me for years:

How can one person be worth 800 other workers at the same company?  Just doesn't seem possible.  Another way of looking at it is to imagine what minimum wage would be if it had tracked CEO pay:

Which brings me to a really great lecture given at BU recently (thanks for bringing it to my attention, CES).  Bill Moyers is delivering the first annual Howard Zinn memorial lecture.  The speech starts 7 minutes in:

http://www.bu.edu/buniverse/view/?v=20ZaW9PO