Are CEO Bonuses Wrecking the Wider Economy?

In an editorial in daily newspaper "Evening Standard," Mount wrote that, for 30 years after WW II, the UK had become a more equal and open society but now "it is painfully obvious that social mobility has slowed again and a new super-class is soaring out of sight."

"Without knowing why or how, we seem to have hatched our own oligarchs, and we stand aghast and bewildered at this flock of monstrous cuckoos," Mount wrote. Full Story »

Posted by Dwight Rousu
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Subjects: World, U.S., Business
Member Tags: Economic Disparity
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Posted by: Posted by Dwight Rousu - Apr 27, 2012 - 8:46 AM PDT
Reviewed by: Dwight Rousu (review)
Content Type: Article
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Edited by: Dwight Rousu - Apr 27, 2012 - 8:49 AM PDT

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Dwight Rousu
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by Dwight Rousu - Apr. 27, 2012

Bonuses awarded for short-term results rather than long-term business development measures are likely to force governments to keep spending in order to boost their ... More »

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