By Cory Doctorow
“Many CEOs’ pay is based on share-price, and this, combined with “activist investors” (mostly hedge-fund managers) has incentivized the leaders of America’s biggest companies to greatly reduce their R&D spending, curtail expansion, fire workers, and flatline or cut wages, while extracting titanic sums from the companies’ coffers to make investors (and themselves) much, much richer.”…
[Click HERE to read the full article]Share