Bill Moyers: The Plutocrats Are Winning. Don’t Let Them!
How citizens must fight plutocrats if they are to have any hope of preserving rule by the people.
Read more...How citizens must fight plutocrats if they are to have any hope of preserving rule by the people.
Read more...“Managerialism” is a form of looting: coast on an established brand name and goodwill while degrading the actual service in order to pay the top executives more.
Read more...A former state official shreds the process CalPERS used to hire scandal-ridden Florida attorney Robert Klausner as fiduciary counsel.
Read more...Pfizer whines about needing higher drug prices, when rather than investing, it has spent over 100% of its profits on stock buybacks and dividends.
Read more...Why are so many drawn to the Sanders message? It’s because so many of us want to stop our entire society from crumbling beneath the destructive power of runaway inequality.
Read more...We infromed theCalPERS’ board members that the manner in which they had awarded bonuses and salary increases to CalPERS executives fell short of the requirements of the Bagley-Keene Open Meeting Act of 2004. CalPERS took some steps to address the lapse.
Read more...Tax is a major way to create incentives. Thus the debate about whether corporations should pay more taxes is not naive as the plutocrats would have you believe.
Read more...The decline in union power plays an important role in explaining the rise in inequality in advanced economies.
Read more...A new Harvard Business Review ranking shows Amazon’s Jeff Bezos as being the top predator among CEOs.
Read more...It is beginning to dawn on the top echelon that too much inequality is not good for them.
Read more...Bankers whinge about how much tougher their lives are in the post-crisis world. That is no small degree to central banks’ efforts to prop them up having caught up with their bottom lines
Read more...Public corporations and their lobbyists make intelligence-insulting arguments against Dodd-Frank mandated CEO-worker pay disclosure.
Read more...It’s remarkable to see the level of obvious self-dealing at Mylan persist as long as it has. Be sure to read about how the former CEO was permitted to let his son use the company jet on behalf of his rock band.
Read more...Why the bogus idea that managers should focus on “maximizing shareholder value” is driving the American IT industry into the ditch.
Read more...In the last month or so, I’ve seen some remarkably dubious studies flogged around what Lambert calls the Innertubes, all ringing changes on the same themes: outsized pay for those at the top is a reflection of a state of nature. Fortunately, a new study from Lawrence Mishel and Alyssa Davis of the Economic Policy Institute has done the heavy lifting of shredding new, creative defenses of out-of-control CEO pay.
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