Corperate power

Many american CEOs today make over 500 times their average employee. Never before in history has this been so much of a difference. Are we doomed to live in a society that is a strongly defined double class between rich and poor? If history has tought us anything, this reckless kind of display of greed is never good for the society it is based on. Can we continue on like this? You know it's getting worse, and these people are extremely powerful legally and politically. This creates a ruling class of greedy old white men who only look out for themselves, their companys and their car collections. This kind of greed and conduct leads to corruption on a grand scale. Corrupt puppet presidents could be an example of this, but I might be wrong.
Can anything be done to quell this? Is it too late? Are they too powerful? It's easy to theorize we can't. I see no future for a great defensive movement against the rich and ruling. We keep getting screwed. And with people like W making it worse.. are we indeed doomed to be the rich man's bitch?

Wasn't this why the war of independance was fought ? To free people from the yoke of the rich aristocrats and merchants of England ?
I can see a similar thing happening again. Only this time it will be the people against the 'elite'. Dare I say 'John Titor' ?