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Tag Archives: Corporate Malfeasance
The Pernicious Effect of the Principle Agent Dilemma.
Dear Friends, It seems to me, the way business is done today flies in the face of true capitalism, undermines our standard of living and creates a false idea of what capitalism is. The modern paradigm where firms are owned … Continue reading
Posted in economy, Law, philosophy, polictics of class envy
Tagged apple, Corporate Malfeasance, corruption, customer service, economics, ibm, International Capitalist Party, lowering wages, market system, new class, politicians, principle agent dilemma, regulation, united airlines, walmart
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MF Global, BP and Corporate Malfeasance
Dear Friends, It seems to me, the concept of a whipping boy didn’t work in the Dark Ages, so I don’t understand why people think it would work today. When someone else is punished for one’s transgressions, the lesson learned … Continue reading
Posted in economy, Law, media, Mercy, philosophy
Tagged bp oil spill, capitalism, capitalist, Corporate Malfeasance, corruption, economics, economy, elite, government, government spending, incentive, International Capitalist Party, jobs, john corzine, Law, market system, meritocracy, mf global, politicians, politics, punishment, regulation, regulatory officials, SEC, wrongdoing
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