Corporate movers and shakers are now maneuvering, via global trade negotiations, for the power to erase governmental decisions that complicate their profiteering. Will they get it? Trade union analyst Thea Lee sees reasons they just might not.
The CEOs of America’s 20 largest restaurant chains must be providing diners some mighty fine service. Their ‘performance’ is costing Uncle Sam nearly a quarter-billion dollars a year.
The new Toronto-based Wagemark campaign is aiming to change the global conversation on CEOs, workers, and the real value of their labor.
Back in Al Capone’s day, Prohibition helped give rise to a rash of epic crime-boss fortunes. In our day, deregulation has spawned on Wall Street an entire new generation of fabulously rich racketeers.
For the grasping managers of Corporate America — and the institutions their wealth dominates — no workers deserve dignity, not even the most amazingly accomplished.
High-profile prosecutions of hedge fund execs only hint at the crime and ethical misbehavior rampant in America’s most rewarding high-finance suites.
All across Corporate America, top execs are feathering their own nests at the expense of their employees. The French have a better idea.
The current European revolt against CEO greed, if successful, might leave Corporate Euro looking just like Corporate America — in the 1950s.
What more vivid symbol of the indignity our corporate-driven inequality imposes than the Carnival Triumph cruise ship. Thousands of people adrift, going nowhere in a nightmare of sewage and stench, while a billionaire CEO sits cheering far away in a courtside seat.
The national leader of one of America’s feistiest unions is proposing a cap on incomes at the top that rises only if incomes at the bottom rise first.