By Patrick Hill “While CEO pay is at an all-time high at 290 times average worker pay (vs 20 times in the 1950s), CEOs are boosting their stock incentive base pay by offering corporate bonds (increasing corporate debt) to create…
Author: admin
Don’t be too dazzled by share buy-back gains
Anonymous “Stock investors have had one sweet summer so far watching the markets edge higher. With the Standard & amp; Poor’s 500 index at record highs and nearing 2,200, what’s not to like? Here’s something. As shares climb, so too…
Taking the nostalgia of Trump supporters seriously
By Stephanie Coontz “Nostalgia often arises out of a real experience of loss. It needs to be addressed and redirected, not ridiculed or denounced. And that applies to the nostalgia that motivates a considerable number of Trump supporters.”… [Click HERE…
When Capitalism only rewards shareholders, it’s time for reform
By Bruce Scott “Editor’s Note: On both sides of the Atlantic, populist resentments are stewing. In the United Kingdom, this was epitomized by the vote for Brexit — the British exit from the European Union. And as the number of people in the middle…
The Mismeasure of Mammon: Uses and Abuses of Executive Pay Data
By Institute for New Economic Thinking (INET) “On April 7, 2016, the Wall Street Journal ran an article headlined “CEO pay shrank most since financial crisis,” while on May 27, 2016, a similar New York Times story declared “Top CEO pay…
Emre Gömec
Emre Gömeç is a Ph.D. candidate in the Political Sciences department at the University of Kassel and a Ph.D. fellow of Hans Böckler Foundation in Germany. He is also a guest researcher in WZB Berlin Social Science Center in the…
Vanishing the people’s wealth to make the bosses richer
By Ralph Nader “Imagine you are a shareholder in a big company and the top executives are sitting on huge amounts of cash and are not interested in putting it to work through productive capital investments, research and development, reducing…
How MBA programs drive inequality
By Lynn Parramore “Over the last several decades, American business executives have made decisions that have exacerbated the inequality that chokes prosperity for the country. They have misallocated resources and they have awarded themselves mind-boggling compensation packages while workers have…
How MBA Programs Drive Inequality
By Lynn Parramore “Over the last several decades, American business executives have made decisions that have exacerbated the inequality that chokes prosperity for the country. They have misallocated resources and they have awarded themselves mind-boggling compensation packages while workers have…
Workers joining boards can lead to higher productivity
Caleb Melby “Giving board seats to employees familiar with factory floors can help businesses beat the market, sometimes by huge margins. That’s the finding in a Bloomberg review of countries where worker-directors are common, but not required by law. Indexes…
