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Tag Archives: lowering wages
CEO Pay
Dear Friends, It seems to me, a painter who charged for paint but used white wash, a drywaller who put up cardboard instead of sheetrock and a paver who used clay slurry instead of asphalt, would not deserve a huge … Continue reading
Posted in economy, Group Politics, Judicial Sysytem, Law, media, philosophy, polictics of class envy
Tagged ceo pay, economics, education, government, incentive, International Capitalist Party, labor participation rate, lack of jobs, lowering wages, market system, marxist professors, new class, principle agent dilemma, regulation, standard of living
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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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