Working Life

   Is anybody shocked by this?: For months, Wall Street banks and the troubled automakers feverishly protested that their top executives would flee if they were not lavishly rewarded for their talents. New data, however, suggests the departures were more of a trickle than a flood. Of the 104 senior executives whose pay was set […]

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I want to try to make a subtle distinction here: between something that I’m glad is happening, on the one hand, and changes that fundamentally reshape economic power in the country, on the other hand. The first does not necessarily bring about the second. And it’s important, I would argue, for us to keep our […]

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   The financial newspapers are buzzing with the news of a coalition of business leaders stepping forward to propose executive compensation limits. I think this is only a secondary issue. Don’t get me wrong–I think the greed that has swamped the country at the executive suite level is astonishing. And it should be dealt with. […]

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