The race to the top in executive pay goes hand in hand with the race to the bottom for the rest of the country
She still earns less than all the men...
This is an ambitious agenda to repurpose businesses. Crucially though, there is a Parliamentary majority for bold action. We should seize that chance to create a new partnership between workers, management, and shareholders, building purposive companies that are focused on long-term and equitable success.
Tory MP Chris Philp urges radical action
Theresa May is facing calls for tough action on ‘fatcat’ pay after a new report revealed that bosses’ wages have soared to
There is an incentive that you have for going to work and doing a good job while you are there. Your wage is what gets you
Are we in a new infuriating phase of the economic cycle, that one where a few individuals shake your faith in corporate life just when everyone has got over austerity?
We Are Experiencing a Crisis of Global Inequality That Is More Than Just Deeply Unjust, It Is Bad for Us All
Inequality has been shown to impact on the durability of economic growth and increases the chances of future financial shocks; it undermines social cohesion and equality for women; and it increases political instability. In a surprising echo to Aicha's words, the self-proclaimed zillionaire Nick Hanauer wrote in 2014 that "if we don't do something to fix the glaring inequities in this economy, the pitchforks are going to come for us"... Economic and policy changes in recent decades - including deregulation, privatisation, financial secrecy and globalisation, especially of finance - have supercharged the age-old ability of the rich and powerful to use their position to further concentrate their wealth.
To celebrate #FatCatTuesday here's a pic by @CartoonRalphpic.twitter.com/SkqZV7KOWr — Jason Spacey (@Jason_Spacey) January
Like conflict, austerity leaves people scarred, changing them forever, and disproportionately affecting the most vulnerable. It is ultimately self defeating. Most tellingly, it is the poorest who suffer most under austerity, as in war, whilst the richest always profit...