Sharing Profits is Not Enough Professor Reich but you are getting warmer. Your hook was that Sears workers owned 25%. Then you imagine what that magnitude of ownership could mean at Amazon. The spoiler was you then began touting cash bonuses, rather than stocks. True, having ALL retirement tied to one stock is risky. That […]
Procter & Gamble employees, do you have a reasonable degree of control over your work and the strategic direction of your Company? Management tells me Procter & Gamble employees have a “significant influence” on Company practices. They have ample opportunity to share perspectives with each other, managers, and the Board. Specifically, they cite the P&G […]
Market Basket demonstrations and boycotts have Robert Reich wondering, are we seeing The Rebirth of Stakeholder Capitalism? In recent weeks, the managers, employees, and customers of a New England chain of supermarkets called “Market Basket” have joined together to oppose the board of director’s decision earlier in the year to oust the chain’s popular chief executive, […]
Robert Reich makes the case for higher taxes on the wealthy in two minutes and 30 seconds. Notice the overlap between “class warfare” and “common sense.” Also recommended, Inequality for All. download the discussion guide and find additional resources that accompany the film as well as the list of organizations and partners that made this […]
Sebastian Mallaby reviews Robert Reich’s latest book, Aftershock: The Next Economy and America’s Future (Fairer Deal, NYTimes, 9/24/10). Reich argues that the stagnation of middle-class buying power has been a drag on growth in the American economy. At some point in the not-too-distant future, Reich warns, C.E.O.’s may find that limousines are being purposely scratched and […]